iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Growth in Short Interest

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 10,070,000 shares, a growth of 841.1% from the December 31st total of 1,070,000 shares. Based on an average daily trading volume, of 1,754,400 shares, the days-to-cover ratio is currently 5.7 days.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC opened at $55.99 on Wednesday. The company’s 50-day simple moving average is $56.95 and its two-hundred day simple moving average is $58.85. The stock has a market capitalization of $15.36 billion, a P/E ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 52-week low of $53.98 and a 52-week high of $63.25.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.9999 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Large investors have recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 6,742.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 958 shares of the company’s stock worth $53,000 after purchasing an additional 944 shares during the period. Harbor Investment Advisory LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 752.4% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,236 shares of the company’s stock valued at $69,000 after buying an additional 1,091 shares during the last quarter. Avior Wealth Management LLC raised its position in iShares MSCI Emerging Markets ex China ETF by 41.1% in the fourth quarter. Avior Wealth Management LLC now owns 1,758 shares of the company’s stock worth $97,000 after acquiring an additional 512 shares during the period. First PREMIER Bank boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 59.6% during the 3rd quarter. First PREMIER Bank now owns 2,410 shares of the company’s stock worth $147,000 after acquiring an additional 900 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 91.7% during the 3rd quarter. Continuum Advisory LLC now owns 2,624 shares of the company’s stock valued at $150,000 after acquiring an additional 1,255 shares during the period.

About iShares MSCI Emerging Markets ex China ETF

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.