Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Grows By 115.2%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,376,095 shares, an increase of 115.2% from the November 30th total of 2,033,921 shares. Currently, 2.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,394,682 shares, the short-interest ratio is currently 3.1 days. Based on an average daily trading volume, of 1,394,682 shares, the short-interest ratio is currently 3.1 days. Currently, 2.4% of the shares of the stock are sold short.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.6%

NASDAQ:EMXC traded up $0.40 during trading hours on Friday, hitting $72.35. 2,074,136 shares of the stock were exchanged, compared to its average volume of 2,216,596. The company’s 50 day moving average is $71.36 and its two-hundred day moving average is $67.04. The company has a market capitalization of $13.36 billion, a P/E ratio of 15.28 and a beta of 0.82. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $49.60 and a twelve month high of $73.24.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $1.3357 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 384.0%.

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

Several institutional investors have recently made changes to their positions in EMXC. United Services Automobile Association bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 1st quarter valued at $293,371,000. Flow Traders U.S. LLC raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 184.8% in the second quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock worth $84,740,000 after purchasing an additional 870,883 shares during the last quarter. Myriad Asset Management US LP bought a new position in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter valued at approximately $39,766,000. City of London Investment Management Co. Ltd. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at approximately $16,642,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares MSCI Emerging Markets ex China ETF by 40.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 645,313 shares of the company’s stock worth $35,550,000 after acquiring an additional 186,057 shares during the last quarter.

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.