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

iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 5,660 shares, a decline of 36.9% from the August 31st total of 8,972 shares. Based on an average daily volume of 1,472 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.8% of the company’s stock are sold short.

iShares MSCI Emerging Markets Quality Factor ETF Price Performance

Shares of BATS EQLT opened at $37.74 on Friday. The company has a market cap of $12.08 million and a price-to-earnings ratio of 15.52. The stock’s 50-day moving average is $38.68 and its two-hundred day moving average is $37.51. iShares MSCI Emerging Markets Quality Factor ETF has a 1-year low of $28.92 and a 1-year high of $40.89.

iShares MSCI Emerging Markets Quality Factor ETF Company Profile

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.