iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) Short Interest Up 174.5% in July

iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 15,667 shares, an increase of 174.5% from the June 30th total of 5,707 shares. Based on an average trading volume of 3,615 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.2% of the shares of the company are sold short.

iShares MSCI Emerging Markets Value Factor ETF Price Performance

BATS EVLU opened at $39.77 on Monday. iShares MSCI Emerging Markets Value Factor ETF has a 12-month low of $27.44 and a 12-month high of $43.97. The firm has a 50-day moving average price of $40.93 and a two-hundred day moving average price of $37.32. The company has a market capitalization of $11.93 million and a P/E ratio of 9.08.

iShares MSCI Emerging Markets Value Factor ETF Company Profile

The iShares MSCI Emerging Markets Value Factor ETF (EVLU) 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 value scores. The portfolio is market cap-weighted with tilts based on their value and quality scores derived from fundamental metrics. EVLU was launched on Sep 4, 2024 and is issued by BlackRock.