Short Interest in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Decreases By 19.2%

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 5,455,355 shares, a drop of 19.2% from the February 12th total of 6,749,967 shares. Based on an average daily trading volume, of 16,932,821 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 16,932,821 shares, the short-interest ratio is presently 0.3 days.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG traded up $1.88 during trading on Monday, hitting $71.61. The company’s stock had a trading volume of 24,376,056 shares, compared to its average volume of 20,334,020. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.29 and a fifty-two week high of $77.68. The business has a 50 day moving average price of $72.89 and a two-hundred day moving average price of $68.73. The company has a market capitalization of $136.85 billion, a PE ratio of 14.65 and a beta of 0.65.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

Several large investors have recently bought and sold shares of the stock. Cornerstone Financial Management LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at about $25,000. Modus Advisors LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth approximately $28,000. Cloud Capital Management LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter valued at approximately $32,000. Hilton Head Capital Partners LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $35,000. Finally, Your Advocates Ltd. LLP purchased a new position in iShares Core MSCI Emerging Markets ETF in the third quarter worth approximately $36,000.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.