Short Interest in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Drops By 40.9%

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 21,300 shares, a decrease of 40.9% from the January 15th total of 36,063 shares. Based on an average daily trading volume, of 112,006 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 112,006 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in EMEQ. Goldstein Advisors LLC purchased a new stake in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at about $33,198,000. LPL Financial LLC grew its position in shares of Nomura Focused Emerging Markets Equity ETF by 121.9% in the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock valued at $15,706,000 after purchasing an additional 214,606 shares in the last quarter. Pacific Wealth Management acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $14,691,000. Truist Financial Corp increased its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 46.9% in the fourth quarter. Truist Financial Corp now owns 274,701 shares of the company’s stock valued at $11,043,000 after purchasing an additional 87,670 shares during the last quarter. Finally, Envestnet Asset Management Inc. purchased a new position in Nomura Focused Emerging Markets Equity ETF during the third quarter worth approximately $6,645,000.

Nomura Focused Emerging Markets Equity ETF Stock Up 0.9%

Shares of EMEQ stock traded up $0.42 during mid-day trading on Friday, hitting $49.23. 180,817 shares of the stock were exchanged, compared to its average volume of 108,981. The firm has a fifty day moving average of $43.16 and a 200 day moving average of $38.27. Nomura Focused Emerging Markets Equity ETF has a 52-week low of $22.08 and a 52-week high of $49.81. The company has a market cap of $226.46 million, a PE ratio of 11.97 and a beta of 2.11.

Nomura Focused Emerging Markets Equity ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 24th were given a dividend of $1.1089 per share. The ex-dividend date was Wednesday, December 24th. This represents a yield of 284.0%.

About Nomura Focused Emerging Markets Equity ETF

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.