Short Interest in iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Decreases By 71.7%

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 17,030 shares, a drop of 71.7% from the June 30th total of 60,178 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 6,353 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EMXF. Sei Investments Co. raised its position in iShares ESG Advanced MSCI EM ETF by 2.5% in the first quarter. Sei Investments Co. now owns 229,375 shares of the company’s stock worth $10,974,000 after acquiring an additional 5,522 shares in the last quarter. Values Added Financial LLC boosted its position in shares of iShares ESG Advanced MSCI EM ETF by 4.7% during the 4th quarter. Values Added Financial LLC now owns 80,179 shares of the company’s stock valued at $3,731,000 after purchasing an additional 3,588 shares in the last quarter. Balanced Rock Investment Advisors LLC boosted its position in shares of iShares ESG Advanced MSCI EM ETF by 0.6% during the 4th quarter. Balanced Rock Investment Advisors LLC now owns 44,886 shares of the company’s stock valued at $2,089,000 after purchasing an additional 273 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its position in shares of iShares ESG Advanced MSCI EM ETF by 5.8% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 25,479 shares of the company’s stock valued at $1,186,000 after purchasing an additional 1,395 shares in the last quarter. Finally, Plum Street Advisors LLC grew its stake in shares of iShares ESG Advanced MSCI EM ETF by 45.7% in the 4th quarter. Plum Street Advisors LLC now owns 24,068 shares of the company’s stock worth $1,120,000 after purchasing an additional 7,549 shares during the last quarter.

iShares ESG Advanced MSCI EM ETF Stock Performance

Shares of EMXF stock traded down $0.48 during mid-day trading on Friday, hitting $54.72. 9,372 shares of the stock traded hands, compared to its average volume of 8,263. iShares ESG Advanced MSCI EM ETF has a twelve month low of $42.44 and a twelve month high of $60.04. The company’s 50-day simple moving average is $56.68 and its 200-day simple moving average is $52.64. The firm has a market cap of $158.69 million, a price-to-earnings ratio of 13.05 and a beta of 0.69.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.466 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares ESG Advanced MSCI EM ETF Company Profile

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.