Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Large Increase in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 200,483 shares, an increase of 128.6% from the September 15th total of 87,702 shares. Based on an average daily trading volume, of 105,666 shares, the short-interest ratio is currently 1.9 days. Approximately 2.0% of the company’s stock are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Performance

Shares of Nomura Focused Emerging Markets Equity ETF stock traded down $1.48 on Thursday, hitting $58.87. The company had a trading volume of 32,919 shares, compared to its average volume of 153,234. Nomura Focused Emerging Markets Equity ETF has a 1 year low of $37.01 and a 1 year high of $78.71. The stock has a 50 day moving average of $65.14 and a 200-day moving average of $63.11. The stock has a market capitalization of $588.66 million, a price-to-earnings ratio of 11.97 and a beta of 1.63.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Pacific Wealth Management grew its position in shares of Nomura Focused Emerging Markets Equity ETF by 2.1% during the 3rd quarter. Pacific Wealth Management now owns 490,243 shares of the company’s stock valued at $32,197,000 after purchasing an additional 9,970 shares in the last quarter. Tsfg LLC bought a new position in shares of Nomura Focused Emerging Markets Equity ETF in the second quarter worth $2,946,000. Royal Bank of Canada bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 1st quarter valued at about $1,008,000. TD Waterhouse Canada Inc. bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 2nd quarter valued at about $5,079,000. Finally, Horizon Wealth Management LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter worth about $18,448,000.

About Nomura Focused Emerging Markets Equity ETF

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.