Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Large Decline in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 23,583 shares, a decrease of 88.2% from the September 30th total of 200,483 shares. Based on an average daily trading volume, of 117,110 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Nomura Focused Emerging Markets Equity ETF Price Performance

NASDAQ EMEQ traded up $1.33 during mid-day trading on Tuesday, reaching $59.58. 41,460 shares of the stock were exchanged, compared to its average volume of 151,812. The stock has a market cap of $601.76 million, a P/E ratio of 11.97 and a beta of 1.63. Nomura Focused Emerging Markets Equity ETF has a one year low of $37.01 and a one year high of $78.71. The stock has a 50 day simple moving average of $64.45 and a 200-day simple moving average of $58.44.

Institutional Trading of Nomura Focused Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its stake in shares of Nomura Focused Emerging Markets Equity ETF by 0.8% in the third quarter. TD Waterhouse Canada Inc. now owns 73,487 shares of the company’s stock valued at $4,860,000 after buying an additional 562 shares in the last quarter. Goldstein Advisors LLC grew its holdings in Nomura Focused Emerging Markets Equity ETF by 507.7% during the third quarter. Goldstein Advisors LLC now owns 115,545 shares of the company’s stock worth $7,588,000 after buying an additional 96,532 shares in the last quarter. Farther Finance Advisors LLC raised its position in Nomura Focused Emerging Markets Equity ETF by 361.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,744 shares of the company’s stock valued at $574,000 after buying an additional 6,851 shares during the last quarter. Pacific Wealth Management raised its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 2.1% in the third quarter. Pacific Wealth Management now owns 490,243 shares of the company’s stock valued at $32,197,000 after purchasing an additional 9,970 shares during the last quarter. Finally, Security National Bank of SO Dak lifted its position in shares of Nomura Focused Emerging Markets Equity ETF by 10.0% during the second quarter. Security National Bank of SO Dak now owns 5,042 shares of the company’s stock valued at $367,000 after purchasing an additional 459 shares in 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.