iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) Short Interest Down 59.7% in July

iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 5,809 shares, a drop of 59.7% from the July 15th total of 14,429 shares. Based on an average trading volume of 2,023 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares MSCI Emerging Markets Quality Factor ETF stock. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,577 shares of the company’s stock, valued at approximately $224,000. Flow Traders U.S. LLC owned approximately 2.37% of iShares MSCI Emerging Markets Quality Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares MSCI Emerging Markets Quality Factor ETF Trading Up 0.1%

Shares of EQLT opened at $39.48 on Friday. iShares MSCI Emerging Markets Quality Factor ETF has a 12-month low of $27.40 and a 12-month high of $40.89. The stock has a market cap of $12.63 million and a P/E ratio of 15.52. The company has a 50-day moving average of $38.26 and a two-hundred day moving average of $36.14.

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.