iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Down 44.3% in May

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIFGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 462 shares, a decline of 44.3% from the May 14th total of 830 shares. Based on an average daily volume of 3,848 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp purchased a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIFFree Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned approximately 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent reporting period.

iShares Emerging Markets Infrastructure ETF Stock Performance

Shares of NASDAQ EMIF traded up $0.39 during mid-day trading on Friday, hitting $26.95. 1,220 shares of the stock traded hands, compared to its average volume of 5,640. iShares Emerging Markets Infrastructure ETF has a 52 week low of $22.73 and a 52 week high of $30.79. The company has a market cap of $13.48 million, a price-to-earnings ratio of 10.93 and a beta of 0.45. The stock has a fifty day moving average price of $28.13 and a 200-day moving average price of $28.12.

About iShares Emerging Markets Infrastructure ETF

(Get Free Report)

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.

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