iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 125.7% in June

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,186,565 shares, a growth of 125.7% from the May 31st total of 1,854,611 shares. Based on an average daily trading volume, of 3,605,185 shares, the short-interest ratio is presently 1.2 days. Approximately 1.7% of the company’s shares are short sold.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.4%

Shares of EMXC stock traded up $0.41 on Monday, reaching $100.46. 2,242,111 shares of the stock were exchanged, compared to its average volume of 3,413,810. The stock has a market cap of $24.58 billion, a P/E ratio of 15.28 and a beta of 0.88. The firm has a 50 day moving average of $96.65 and a two-hundred day moving average of $85.21. iShares MSCI Emerging Markets ex China ETF has a 1-year low of $62.30 and a 1-year high of $107.12.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.588 per share. The ex-dividend date of this dividend was Monday, June 15th.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of large investors have recently modified their holdings of the company. Myriad Asset Management Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter worth about $34,763,000. City of London Investment Management Co. Ltd. purchased a new position in iShares MSCI Emerging Markets ex China ETF in the third quarter valued at approximately $16,642,000. Vestor Capital LLC lifted its position in iShares MSCI Emerging Markets ex China ETF by 2,806.2% during the first quarter. Vestor Capital LLC now owns 240,521 shares of the company’s stock valued at $18,919,000 after buying an additional 232,245 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at approximately $9,836,000. Finally, JPMorgan Chase & Co. grew its stake in iShares MSCI Emerging Markets ex China ETF by 6.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,336,582 shares of the company’s stock worth $169,823,000 after buying an additional 131,459 shares during the period.

iShares MSCI Emerging Markets ex China ETF Company Profile

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.