Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Rises By 307.7%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 5,300,000 shares, an increase of 307.7% from the October 31st total of 1,300,000 shares. Based on an average daily trading volume, of 2,569,800 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Country Trust Bank acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 2nd quarter worth approximately $25,000. GAMMA Investing LLC acquired a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter worth $26,000. Sugarloaf Wealth Management LLC grew its stake in shares of iShares MSCI Emerging Markets ex China ETF by 146.1% in the second quarter. Sugarloaf Wealth Management LLC now owns 694 shares of the company’s stock valued at $41,000 after buying an additional 412 shares in the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 2nd quarter valued at $65,000. Finally, Lynx Investment Advisory acquired a new position in iShares MSCI Emerging Markets ex China ETF during the 2nd quarter worth about $78,000.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.1 %

NASDAQ:EMXC traded up $0.07 on Friday, hitting $57.77. The stock had a trading volume of 1,190,935 shares, compared to its average volume of 2,249,250. The company has a fifty day moving average price of $59.75 and a two-hundred day moving average price of $59.41. The stock has a market cap of $16.39 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 1-year low of $52.43 and a 1-year high of $63.25.

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.