iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) Sees Significant Increase in Short Interest

iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 9,229 shares, an increase of 58.9% from the July 30th total of 5,809 shares. Approximately 2.9% of the company’s shares are short sold. Based on an average daily volume of 1,780 shares, the days-to-cover ratio is presently 5.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares MSCI Emerging Markets Quality Factor ETF stock. Flow Traders U.S. LLC bought a new stake in iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,577 shares of the company’s stock, valued at approximately $224,000. Flow Traders U.S. LLC owned 2.37% of iShares MSCI Emerging Markets Quality Factor ETF at the end of the most recent quarter.

iShares MSCI Emerging Markets Quality Factor ETF Stock Up 0.4%

Shares of EQLT stock opened at $39.36 on Thursday. iShares MSCI Emerging Markets Quality Factor ETF has a 12-month low of $27.62 and a 12-month high of $40.89. The firm has a market capitalization of $12.60 million and a price-to-earnings ratio of 15.52. The firm has a fifty day moving average of $38.22 and a 200-day moving average of $36.72.

About iShares MSCI Emerging Markets Quality Factor ETF

The iShares MSCI Emerging Markets Quality Factor ETF (EQLT) 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 quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. EQLT was launched on Sep 4, 2024 and is issued by BlackRock.