iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Down 70.1% in April

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 218 shares, a decrease of 70.1% from the April 15th total of 729 shares. Based on an average daily trading volume, of 11,436 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of EMIF traded down $0.53 during mid-day trading on Friday, reaching $27.50. The stock had a trading volume of 2,883 shares, compared to its average volume of 6,058. iShares Emerging Markets Infrastructure ETF has a 52-week low of $22.73 and a 52-week high of $30.79. The business’s fifty day moving average is $28.58 and its 200 day moving average is $28.06. The firm has a market cap of $13.75 million, a price-to-earnings ratio of 10.93 and a beta of 0.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp bought a new position in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent reporting period.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.