iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Up 360.5% in June

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,178 shares, an increase of 360.5% from the June 15th total of 473 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.4% of the company’s shares are short sold.

iShares Emerging Markets Infrastructure ETF Trading Up 1.1%

Shares of EMIF stock traded up $0.29 during trading hours on Friday, reaching $26.23. 1,000 shares of the stock were exchanged, compared to its average volume of 5,082. iShares Emerging Markets Infrastructure ETF has a 12-month low of $23.61 and a 12-month high of $30.79. The company’s 50-day moving average price is $27.11 and its 200-day moving average price is $28.02. The firm has a market capitalization of $13.12 million, a price-to-earnings ratio of 10.93 and a beta of 0.45.

iShares Emerging Markets Infrastructure ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2848 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp purchased a new position in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission.

iShares Emerging Markets Infrastructure ETF Company Profile

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.