Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Short Interest Update

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 21,300 shares, a drop of 40.9% from the January 15th total of 36,063 shares. Based on an average daily volume of 112,006 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 112,006 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Truist Financial Corp purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF during the 3rd quarter valued at $6,984,000. Envestnet Asset Management Inc. bought a new stake in Nomura Focused Emerging Markets Equity ETF during the third quarter valued at $6,645,000. Citadel Advisors LLC purchased a new position in Nomura Focused Emerging Markets Equity ETF during the third quarter worth about $1,436,000. Prosperity Wealth Management Inc. increased its stake in Nomura Focused Emerging Markets Equity ETF by 156.4% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock worth $888,000 after acquiring an additional 15,246 shares during the last quarter. Finally, CWM LLC bought a new position in Nomura Focused Emerging Markets Equity ETF in the 4th quarter worth about $34,000.

Nomura Focused Emerging Markets Equity ETF Price Performance

Shares of EMEQ traded up $0.42 during midday trading on Friday, hitting $49.23. 180,817 shares of the company traded hands, compared to its average volume of 108,981. Nomura Focused Emerging Markets Equity ETF has a one year low of $22.08 and a one year high of $49.81. The firm has a market cap of $226.46 million, a P/E ratio of 11.97 and a beta of 2.11. The stock has a 50-day moving average of $43.16 and a 200-day moving average of $38.22.

Nomura Focused Emerging Markets Equity ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were issued a dividend of $1.1089 per share. This represents a yield of 284.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

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.