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

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 45,213 shares, an increase of 87.1% from the April 15th total of 24,159 shares. Based on an average daily volume of 157,234 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.6% of the company’s shares are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Down 5.2%

Nomura Focused Emerging Markets Equity ETF stock traded down $3.39 during mid-day trading on Friday, hitting $62.06. 130,350 shares of the stock were exchanged, compared to its average volume of 173,822. Nomura Focused Emerging Markets Equity ETF has a 12 month low of $27.11 and a 12 month high of $66.81. The firm’s fifty day simple moving average is $51.54 and its two-hundred day simple moving average is $45.93. The stock has a market capitalization of $496.48 million, a price-to-earnings ratio of 11.97 and a beta of 1.47.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Pacific Wealth Management raised its holdings in Nomura Focused Emerging Markets Equity ETF by 35.1% during the 1st quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock worth $22,272,000 after purchasing an additional 128,377 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in Nomura Focused Emerging Markets Equity ETF by 160.5% during the 1st quarter. Sanctuary Advisors LLC now owns 28,583 shares of the company’s stock worth $1,289,000 after purchasing an additional 17,611 shares during the last quarter. Fifth Third Bancorp bought a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth approximately $93,000. Private Advisor Group LLC raised its holdings in Nomura Focused Emerging Markets Equity ETF by 860.7% during the 1st quarter. Private Advisor Group LLC now owns 207,691 shares of the company’s stock worth $9,367,000 after purchasing an additional 186,072 shares during the last quarter. Finally, Horizon Wealth Management LLC bought a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth approximately $18,448,000.

Nomura Focused Emerging Markets Equity ETF Company Profile

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.