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

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 4,303 shares, an increase of 268.4% from the January 29th total of 1,168 shares. Based on an average daily volume of 5,426 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,426 shares, the days-to-cover ratio is presently 0.8 days.

iShares ESG Advanced MSCI EM ETF Stock Performance

NASDAQ:EMXF traded down $0.33 on Friday, hitting $52.08. The stock had a trading volume of 4,080 shares, compared to its average volume of 5,754. The stock has a market cap of $140.60 million, a P/E ratio of 13.05 and a beta of 0.63. iShares ESG Advanced MSCI EM ETF has a 1 year low of $34.03 and a 1 year high of $53.04. The firm’s fifty day simple moving average is $49.23 and its two-hundred day simple moving average is $46.87.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Balanced Rock Investment Advisors LLC grew its stake in iShares ESG Advanced MSCI EM ETF by 0.6% in 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 during the period. NBT Bank N A NY grew its position in iShares ESG Advanced MSCI EM ETF by 13.5% during the fourth quarter. NBT Bank N A NY now owns 2,567 shares of the company’s stock valued at $119,000 after buying an additional 305 shares during the period. Osaic Holdings Inc. grew its position in iShares ESG Advanced MSCI EM ETF by 2.4% during the fourth quarter. Osaic Holdings Inc. now owns 14,851 shares of the company’s stock valued at $691,000 after buying an additional 350 shares during the period. MAI Capital Management increased its holdings in iShares ESG Advanced MSCI EM ETF by 6.0% during the third quarter. MAI Capital Management now owns 7,864 shares of the company’s stock worth $356,000 after buying an additional 448 shares during the last quarter. Finally, MML Investors Services LLC raised its position in iShares ESG Advanced MSCI EM ETF by 4.2% in the fourth quarter. MML Investors Services LLC now owns 12,825 shares of the company’s stock worth $597,000 after acquiring an additional 519 shares during the period.

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.