Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Decrease in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 22,436 shares, a drop of 60.9% from the August 15th total of 57,450 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 84,525 shares, the short-interest ratio is currently 0.3 days.

Nomura Focused Emerging Markets Equity ETF Price Performance

Nomura Focused Emerging Markets Equity ETF stock traded up $0.89 during midday trading on Friday, hitting $66.55. 72,505 shares of the stock were exchanged, compared to its average volume of 159,559. Nomura Focused Emerging Markets Equity ETF has a 1 year low of $34.19 and a 1 year high of $78.71. The firm has a market cap of $618.91 million, a P/E ratio of 11.97 and a beta of 1.63. The company has a 50 day moving average price of $64.57 and a two-hundred day moving average price of $60.22.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new stake in Nomura Focused Emerging Markets Equity ETF during the 2nd quarter worth approximately $5,079,000. Tsfg LLC bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the second quarter worth $2,946,000. Bank of America Corp DE acquired a new stake in Nomura Focused Emerging Markets Equity ETF in the first quarter valued at $3,423,000. Royal Bank of Canada acquired a new stake in Nomura Focused Emerging Markets Equity ETF in the first quarter valued at $1,008,000. Finally, Pacific Wealth Management boosted its stake 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 valued at $22,272,000 after acquiring an additional 128,377 shares during the last quarter.

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.