iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 125.7% in June

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 4,186,565 shares, an increase of 125.7% from the May 31st total of 1,854,611 shares. Based on an average trading volume of 3,605,185 shares, the short-interest ratio is currently 1.2 days. Approximately 1.7% of the shares of the stock are short sold.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of NASDAQ:EMXC traded down $3.28 on Wednesday, hitting $99.02. The stock had a trading volume of 2,029,497 shares, compared to its average volume of 3,389,011. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $62.30 and a twelve month high of $107.12. The firm’s 50 day moving average price is $97.15 and its 200-day moving average price is $85.62. The company has a market capitalization of $24.23 billion, a price-to-earnings ratio of 15.28 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.588 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Sankala Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $27,000. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter worth about $27,000. Cary Street Partners Investment Advisory LLC raised its holdings in iShares MSCI Emerging Markets ex China ETF by 526.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock worth $43,000 after purchasing an additional 495 shares during the last quarter. Arlington Trust Co LLC raised its holdings in iShares MSCI Emerging Markets ex China ETF by 91.8% during the 4th quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock worth $54,000 after purchasing an additional 356 shares during the last quarter. Finally, BOKF NA acquired a new position in iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $62,000.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.