iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) Short Interest Down 59.7% in July

iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,809 shares, a decrease of 59.7% from the July 15th total of 14,429 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 2,023 shares, the short-interest ratio is currently 2.9 days.

iShares MSCI Emerging Markets Quality Factor ETF Price Performance

Shares of BATS:EQLT opened at $39.48 on Monday. iShares MSCI Emerging Markets Quality Factor ETF has a 52-week low of $27.40 and a 52-week high of $40.89. The stock has a market cap of $12.63 million and a price-to-earnings ratio of 15.52. The business has a 50-day moving average price of $38.26 and a 200-day moving average price of $36.16.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Quality Factor ETF

An institutional investor recently bought a new stake in iShares MSCI Emerging Markets Quality Factor ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Emerging Markets Quality Factor ETF (BATS:EQLT) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,577 shares of the company’s stock, valued at approximately $224,000. Flow Traders U.S. LLC owned 2.37% of iShares MSCI Emerging Markets Quality Factor ETF at the end of the most recent quarter.

About iShares MSCI Emerging Markets Quality Factor ETF

The iShares MSCI Emerging Markets Quality Factor ETF (EQLT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from emerging markets selected for their high quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. EQLT was launched on Sep 4, 2024 and is issued by BlackRock.