iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,482,333 shares, a growth of 291.2% from the September 15th total of 1,912,612 shares. Currently, 2.9% of the company’s shares are short sold. Based on an average daily trading volume, of 1,868,193 shares, the short-interest ratio is presently 4.0 days.
iShares MSCI Emerging Markets ex China ETF Trading Up 0.8%
NASDAQ:EMXC traded up $0.80 during trading hours on Friday, hitting $99.02. The company had a trading volume of 1,438,997 shares, compared to its average volume of 2,934,431. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $67.01 and a 1 year high of $107.12. The company has a market cap of $25.52 billion, a P/E ratio of 15.28 and a beta of 0.90. The company has a 50-day moving average of $98.47 and a 200 day moving average of $95.02.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Sankala Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at about $27,000. Emprise Bank acquired a new stake in iShares MSCI Emerging Markets ex China ETF during the second quarter worth about $214,000. SVB Wealth LLC purchased a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter worth about $256,000. Mainstream Capital Management LLC purchased a new position in iShares MSCI Emerging Markets ex China ETF during the first quarter worth about $205,000. Finally, Osprey Private Wealth LLC purchased a new position in iShares MSCI Emerging Markets ex China ETF during the first quarter worth about $246,000.
iShares MSCI Emerging Markets ex China ETF Company Profile
The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.
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