iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Sees Large Decline in Short Interest

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,348 shares, a drop of 89.6% from the December 31st total of 32,229 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 5,117 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 5,117 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EM ETF

A number of large investors have recently modified their holdings of EMXF. Royal Bank of Canada increased its holdings in iShares ESG Advanced MSCI EM ETF by 109.7% in the first quarter. Royal Bank of Canada now owns 17,809 shares of the company’s stock valued at $681,000 after buying an additional 9,317 shares during the last quarter. Values Added Financial LLC increased its holdings in shares of iShares ESG Advanced MSCI EM ETF by 55.3% in the 2nd quarter. Values Added Financial LLC now owns 61,317 shares of the company’s stock valued at $2,629,000 after acquiring an additional 21,828 shares during the period. Robertson Stephens Wealth Management LLC purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF in the second quarter valued at about $722,000. Envestnet Asset Management Inc. lifted its position in iShares ESG Advanced MSCI EM ETF by 20.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,347 shares of the company’s stock worth $529,000 after acquiring an additional 2,085 shares during the period. Finally, RWA Wealth Partners LLC grew its position in iShares ESG Advanced MSCI EM ETF by 13.1% in the 2nd quarter. RWA Wealth Partners LLC now owns 62,692 shares of the company’s stock valued at $2,688,000 after buying an additional 7,239 shares during the last quarter.

iShares ESG Advanced MSCI EM ETF Stock Up 0.4%

NASDAQ EMXF traded up $0.18 on Wednesday, reaching $50.67. The stock had a trading volume of 1,583 shares, compared to its average volume of 5,397. iShares ESG Advanced MSCI EM ETF has a 12-month low of $34.03 and a 12-month high of $50.55. The stock has a fifty day moving average price of $47.11 and a two-hundred day moving average price of $45.71. The firm has a market capitalization of $136.81 million, a price-to-earnings ratio of 13.05 and a beta of 0.63.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.0666 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 471.0%.

About iShares ESG Advanced MSCI EM ETF

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.