iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Short Interest Up 49.3% in October

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 22,120,000 shares, a growth of 49.3% from the September 30th total of 14,820,000 shares. Based on an average daily volume of 10,667,900 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.3% of the company’s shares are sold short. Currently, 1.3% of the company’s shares are sold short. Based on an average daily volume of 10,667,900 shares, the days-to-cover ratio is currently 2.1 days.

iShares Core MSCI Emerging Markets ETF Trading Down 1.6%

NYSEARCA IEMG traded down $1.11 during trading on Tuesday, hitting $67.63. The company had a trading volume of 9,247,434 shares, compared to its average volume of 10,639,041. The company’s fifty day moving average is $65.66 and its 200-day moving average is $61.17. The company has a market cap of $113.65 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $69.46.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Institutional investors have recently bought and sold shares of the company. OLD Mission Capital LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the first quarter valued at approximately $415,988,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 16.3% in the second quarter. JPMorgan Chase & Co. now owns 42,710,758 shares of the company’s stock valued at $2,563,927,000 after purchasing an additional 5,997,621 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 36.4% in the third quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock valued at $810,146,000 after purchasing an additional 3,277,237 shares in the last quarter. Partners Capital Investment Group LLP grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 97.7% in the first quarter. Partners Capital Investment Group LLP now owns 4,339,839 shares of the company’s stock valued at $234,221,000 after purchasing an additional 2,144,711 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 79.5% in the third quarter. Venturi Wealth Management LLC now owns 2,412,345 shares of the company’s stock valued at $159,022,000 after purchasing an additional 1,068,396 shares in the last quarter.

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.