iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Sees Large Decrease in Short Interest

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 81,876 shares, a decline of 43.2% from the September 30th total of 144,230 shares. Based on an average daily volume of 20,861 shares, the short-interest ratio is presently 3.9 days. Currently, 1.6% of the shares of the stock are sold short.

iShares MSCI Emerging Markets Small-Cap ETF Price Performance

NYSEARCA EEMS traded up $0.16 during trading hours on Monday, reaching $69.00. The company’s stock had a trading volume of 28,554 shares, compared to its average volume of 41,988. The firm has a market capitalization of $351.90 million, a price-to-earnings ratio of 15.93 and a beta of 0.72. The company’s 50-day moving average is $74.91 and its two-hundred day moving average is $73.89. iShares MSCI Emerging Markets Small-Cap ETF has a 1-year low of $65.04 and a 1-year high of $79.44.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in EEMS. Gould Asset Management LLC CA lifted its position in shares of iShares MSCI Emerging Markets Small-Cap ETF by 7.4% during the 1st quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock valued at $371,000 after buying an additional 370 shares in the last quarter. Van Berkom & Associates Inc. purchased a new stake in iShares MSCI Emerging Markets Small-Cap ETF in the 1st quarter worth $48,000. Finally, Janney Montgomery Scott LLC raised its position in iShares MSCI Emerging Markets Small-Cap ETF by 13.8% during the first quarter. Janney Montgomery Scott LLC now owns 9,046 shares of the company’s stock worth $626,000 after acquiring an additional 1,098 shares during the period.

iShares MSCI Emerging Markets Small-Cap ETF Company Profile

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.