iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) Sees Large Growth in Short Interest

iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 12,410 shares, an increase of 92.7% from the May 14th total of 6,439 shares. Approximately 4.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,335 shares, the days-to-cover ratio is currently 5.3 days.

iShares MSCI Emerging Markets Value Factor ETF Stock Performance

iShares MSCI Emerging Markets Value Factor ETF stock opened at $41.83 on Monday. The stock has a market cap of $12.55 million and a P/E ratio of 9.08. The stock has a 50 day moving average of $38.69 and a 200-day moving average of $35.51. iShares MSCI Emerging Markets Value Factor ETF has a 52 week low of $26.65 and a 52 week high of $43.97.

About iShares MSCI Emerging Markets Value Factor ETF

The iShares MSCI Emerging Markets Value Factor ETF (EVLU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from emerging markets, selected for their high value scores. The portfolio is market cap-weighted with tilts based on their value and quality scores derived from fundamental metrics. EVLU was launched on Sep 4, 2024 and is issued by BlackRock.