Short Interest in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Rises By 1,435.1%

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 249,785 shares, a growth of 1,435.1% from the July 30th total of 16,272 shares. Based on an average daily volume of 275,092 shares, the short-interest ratio is presently 0.9 days. Currently, 1.4% of the company’s shares are sold short.

iShares Emerging Markets Equity Factor ETF Stock Performance

EMGF opened at $72.04 on Thursday. iShares Emerging Markets Equity Factor ETF has a one year low of $53.04 and a one year high of $76.58. The business’s 50 day moving average price is $70.56 and its 200 day moving average price is $68.07. The stock has a market capitalization of $1.27 billion, a PE ratio of 13.32 and a beta of 0.59.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

Several hedge funds have recently made changes to their positions in EMGF. JPMorgan Chase & Co. increased its position in shares of iShares Emerging Markets Equity Factor ETF by 19.8% during the third quarter. JPMorgan Chase & Co. now owns 3,364,071 shares of the company’s stock worth $190,339,000 after acquiring an additional 555,561 shares during the period. Ameriprise Financial Inc. boosted its stake in iShares Emerging Markets Equity Factor ETF by 50.8% in the third quarter. Ameriprise Financial Inc. now owns 820,956 shares of the company’s stock valued at $46,484,000 after acquiring an additional 276,482 shares in the last quarter. Captrust Financial Advisors increased its position in iShares Emerging Markets Equity Factor ETF by 13.0% during the second quarter. Captrust Financial Advisors now owns 40,720 shares of the company’s stock worth $2,120,000 after buying an additional 4,686 shares during the period. First Citizens Financial Corp increased its holdings in shares of iShares Emerging Markets Equity Factor ETF by 13.7% in the 2nd quarter. First Citizens Financial Corp now owns 25,985 shares of the company’s stock valued at $1,904,000 after acquiring an additional 3,129 shares during the period. Finally, Hirtle Callaghan & Co LLC raised its holdings in shares of iShares Emerging Markets Equity Factor ETF by 1.7% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after buying an additional 350 shares during the last quarter.

About iShares Emerging Markets Equity Factor ETF

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.