Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Growth in Short Interest

Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 709,617 shares, a growth of 2,863.4% from the December 15th total of 23,946 shares. Based on an average daily volume of 49,738 shares, the short-interest ratio is currently 14.3 days. Approximately 17.3% of the shares of the company are sold short. Approximately 17.3% of the shares of the company are sold short. Based on an average daily volume of 49,738 shares, the short-interest ratio is currently 14.3 days.

Hedge Funds Weigh In On Macquarie Focused Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EMEQ. Prosperity Wealth Management Inc. increased its holdings in shares of Macquarie Focused Emerging Markets Equity ETF by 156.4% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock valued at $888,000 after acquiring an additional 15,246 shares during the period. Citadel Advisors LLC purchased a new position in Macquarie Focused Emerging Markets Equity ETF in the third quarter valued at about $1,436,000. Envestnet Asset Management Inc. bought a new position in Macquarie Focused Emerging Markets Equity ETF in the third quarter worth about $6,645,000. Finally, Truist Financial Corp purchased a new stake in shares of Macquarie Focused Emerging Markets Equity ETF during the third quarter valued at about $6,984,000.

Macquarie Focused Emerging Markets Equity ETF Stock Up 1.0%

NASDAQ:EMEQ traded up $0.44 on Monday, reaching $43.69. 50,694 shares of the company’s stock traded hands, compared to its average volume of 90,699. Macquarie Focused Emerging Markets Equity ETF has a 12 month low of $22.08 and a 12 month high of $43.69. The stock has a 50-day simple moving average of $39.70 and a 200-day simple moving average of $35.70. The firm has a market cap of $179.13 million, a PE ratio of 11.97 and a beta of 2.11.

Macquarie Focused Emerging Markets Equity ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 24th were issued a $1.1089 dividend. This represents a dividend yield of 284.0%. The ex-dividend date was Wednesday, December 24th.

About Macquarie Focused Emerging Markets Equity ETF

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.