iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Up 252.1% in December

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 15,800 shares, an increase of 252.1% from the December 15th total of 4,487 shares. Based on an average daily trading volume, of 2,418 shares, the days-to-cover ratio is currently 6.5 days. Currently, 5.3% of the company’s stock are short sold. Currently, 5.3% of the company’s stock are short sold. Based on an average daily trading volume, of 2,418 shares, the days-to-cover ratio is currently 6.5 days.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of EMIF stock traded down $0.18 on Wednesday, hitting $26.81. The stock had a trading volume of 3,509 shares, compared to its average volume of 4,501. The stock has a market cap of $8.04 million, a price-to-earnings ratio of 10.93 and a beta of 0.59. iShares Emerging Markets Infrastructure ETF has a 12-month low of $19.51 and a 12-month high of $27.95. The business has a 50 day moving average of $26.97 and a 200 day moving average of $25.65.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.824 per share. This represents a dividend yield of 624.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp purchased a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.