iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Sees Significant Growth in Short Interest

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 32,229 shares, a growth of 792.3% from the December 15th total of 3,612 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 7,822 shares, the short-interest ratio is presently 4.1 days. Based on an average trading volume of 7,822 shares, the short-interest ratio is presently 4.1 days. Currently, 1.2% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EM ETF

Several institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in iShares ESG Advanced MSCI EM ETF by 795.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock worth $53,000 after buying an additional 1,114 shares during the last quarter. Savant Capital LLC acquired a new position in shares of iShares ESG Advanced MSCI EM ETF during the third quarter worth about $214,000. Diversified Trust Co purchased a new position in iShares ESG Advanced MSCI EM ETF during the second quarter worth about $218,000. KWB Wealth acquired a new stake in iShares ESG Advanced MSCI EM ETF in the fourth quarter valued at about $297,000. Finally, Modern Wealth Management LLC purchased a new stake in iShares ESG Advanced MSCI EM ETF in the 1st quarter valued at approximately $313,000.

iShares ESG Advanced MSCI EM ETF Price Performance

Shares of iShares ESG Advanced MSCI EM ETF stock traded up $0.50 during trading on Monday, hitting $48.60. 8,062 shares of the stock were exchanged, compared to its average volume of 5,595. The firm’s 50-day moving average price is $46.73 and its 200 day moving average price is $45.26. The stock has a market cap of $131.22 million, a price-to-earnings ratio of 13.05 and a beta of 0.63. iShares ESG Advanced MSCI EM ETF has a 12-month low of $34.03 and a 12-month high of $48.68.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

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

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.