iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Significant Decrease in Short Interest

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 745,955 shares, a decline of 66.1% from the May 14th total of 2,200,156 shares. Based on an average daily volume of 19,118,630 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8%

Shares of NYSEARCA:IEMG opened at $78.62 on Thursday. The company’s fifty day moving average is $78.54 and its two-hundred day moving average is $73.31. iShares Core MSCI Emerging Markets ETF has a 12-month low of $57.38 and a 12-month high of $86.04. The company has a market cap of $152.60 billion, a P/E ratio of 14.65 and a beta of 0.72.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several large investors have recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. raised its stake in iShares Core MSCI Emerging Markets ETF by 3.0% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 4,655 shares of the company’s stock valued at $313,000 after purchasing an additional 135 shares during the period. Collier Financial raised its stake in iShares Core MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Collier Financial now owns 5,254 shares of the company’s stock valued at $353,000 after purchasing an additional 148 shares during the period. Montecito Bank & Trust raised its stake in iShares Core MSCI Emerging Markets ETF by 0.9% during the 1st quarter. Montecito Bank & Trust now owns 17,086 shares of the company’s stock valued at $1,192,000 after purchasing an additional 155 shares during the period. Main Management LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Main Management LLC now owns 15,705 shares of the company’s stock valued at $1,056,000 after purchasing an additional 158 shares during the period. Finally, Pinnacle Bancorp Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 17,957 shares of the company’s stock valued at $1,207,000 after purchasing an additional 170 shares during the period.

About iShares Core MSCI Emerging Markets ETF

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.