iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Large Drop in Short Interest

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 9,925,684 shares, a decline of 44.8% from the January 15th total of 17,990,344 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 18,960,479 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 18,960,479 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several hedge funds have recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. grew its holdings in iShares Core MSCI Emerging Markets ETF by 3.0% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 4,655 shares of the company’s stock valued at $313,000 after buying an additional 135 shares in the last quarter. Collier Financial boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Collier Financial now owns 5,254 shares of the company’s stock valued at $353,000 after acquiring an additional 148 shares during the period. Main Management LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 1.0% in the fourth quarter. Main Management LLC now owns 15,705 shares of the company’s stock valued at $1,056,000 after acquiring an additional 158 shares during the period. Cahill Financial Advisors Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.9% in the third quarter. Cahill Financial Advisors Inc. now owns 18,585 shares of the company’s stock valued at $1,225,000 after acquiring an additional 164 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its position in iShares Core MSCI Emerging Markets ETF by 8.0% during the second quarter. SBI Securities Co. Ltd. now owns 2,266 shares of the company’s stock worth $136,000 after acquiring an additional 168 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

iShares Core MSCI Emerging Markets ETF stock traded up $0.32 during trading hours on Friday, hitting $74.97. The company had a trading volume of 15,632,018 shares, compared to its average volume of 19,647,912. The firm has a 50-day moving average of $70.08 and a 200 day moving average of $66.92. The firm has a market cap of $143.27 billion, a PE ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $75.89.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.