iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Update

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,740,000 shares, a decrease of 70.2% from the February 13th total of 9,180,000 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 2,685,500 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nemes Rush Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at $26,000. Tidemark LLC grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 14,525.0% in the fourth quarter. Tidemark LLC now owns 585 shares of the company’s stock valued at $32,000 after purchasing an additional 581 shares during the last quarter. Fourth Dimension Wealth LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at about $37,000. Ameriflex Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at about $37,000. Finally, GPS Wealth Strategies Group LLC grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 6,742.9% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 958 shares of the company’s stock valued at $53,000 after purchasing an additional 944 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of iShares MSCI Emerging Markets ex China ETF stock traded up $0.74 on Friday, reaching $55.37. 1,696,732 shares of the company were exchanged, compared to its average volume of 2,905,535. iShares MSCI Emerging Markets ex China ETF has a 1-year low of $53.97 and a 1-year high of $63.25. The firm has a market cap of $15.19 billion, a price-to-earnings ratio of 14.51 and a beta of 0.88. The company’s 50-day moving average is $56.18 and its two-hundred day moving average is $58.09.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.