iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Sees Large Decrease in Short Interest

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 83,374,501 shares, a decrease of 20.1% from the January 29th total of 104,299,048 shares. Currently, 18.3% of the company’s shares are sold short. Based on an average trading volume of 41,880,496 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 41,880,496 shares, the days-to-cover ratio is presently 2.0 days. Currently, 18.3% of the company’s shares are sold short.

iShares MSCI Emerging Markets ETF Stock Up 1.1%

Shares of EEM stock opened at $59.05 on Thursday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $65.96. The stock has a 50-day moving average price of $58.98 and a 200 day moving average price of $55.32. The firm has a market cap of $26.92 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

Institutional Trading of iShares MSCI Emerging Markets ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Clarity Wealth Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 12.0% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock valued at $9,332,000 after acquiring an additional 18,658 shares in the last quarter. Allianz SE increased its holdings in iShares MSCI Emerging Markets ETF by 2.9% during the 2nd quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock worth $18,078,000 after purchasing an additional 10,656 shares in the last quarter. Allium Financial Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 108.0% in the 2nd quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock valued at $3,959,000 after purchasing an additional 42,613 shares during the period. Yeomans Consulting Group Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $15,713,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after purchasing an additional 2,181,269 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.