Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Rises By 61.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 547,884 shares, an increase of 61.3% from the July 15th total of 339,586 shares. Based on an average daily trading volume, of 2,856,256 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EMXC. Sankala Group LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at about $27,000. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 526.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after buying an additional 495 shares during the period. Arlington Trust Co LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 91.8% in the fourth quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after buying an additional 356 shares during the period. Finally, BOKF NA acquired a new position in iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at approximately $62,000.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC traded up $1.01 during mid-day trading on Monday, reaching $98.30. The stock had a trading volume of 970,935 shares, compared to its average volume of 3,204,355. The firm’s fifty day simple moving average is $96.79 and its two-hundred day simple moving average is $90.47. The stock has a market capitalization of $25.04 billion, a P/E ratio of 15.28 and a beta of 0.89. iShares MSCI Emerging Markets ex China ETF has a 52 week low of $62.71 and a 52 week high of $107.12.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.588 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares MSCI Emerging Markets ex China ETF Company Profile

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.