Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Drop in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 24,649 shares, a decline of 45.5% from the April 30th total of 45,213 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 204,706 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Nomura Focused Emerging Markets Equity ETF

A number of institutional investors have recently made changes to their positions in EMEQ. CWM LLC bought a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth approximately $34,000. Private Trust Co. NA bought a new stake in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $61,000. Fifth Third Bancorp bought a new stake in Nomura Focused Emerging Markets Equity ETF in the first quarter valued at approximately $93,000. Osaic Holdings Inc. acquired a new stake in Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth $141,000. Finally, Sankala Group LLC bought a new position in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth $229,000.

Nomura Focused Emerging Markets Equity ETF Stock Down 3.9%

NASDAQ EMEQ traded down $2.77 during trading hours on Thursday, hitting $68.82. The company’s stock had a trading volume of 11,717 shares, compared to its average volume of 171,117. Nomura Focused Emerging Markets Equity ETF has a twelve month low of $28.75 and a twelve month high of $72.66. The firm has a market capitalization of $550.56 million, a P/E ratio of 11.97 and a beta of 1.61. The stock has a fifty day moving average of $56.56 and a 200 day moving average of $48.35.

Nomura Focused Emerging Markets Equity ETF Company Profile

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.