Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Short Interest Update

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 36,063 shares, a drop of 94.9% from the December 31st total of 709,617 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 76,149 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 76,149 shares, the short-interest ratio is currently 0.5 days. Approximately 0.8% of the shares of the company are short sold.

Nomura Focused Emerging Markets Equity ETF Stock Performance

EMEQ stock traded up $0.56 during midday trading on Wednesday, reaching $47.26. 37,726 shares of the company’s stock traded hands, compared to its average volume of 79,990. Nomura Focused Emerging Markets Equity ETF has a 52 week low of $22.08 and a 52 week high of $47.69. The company has a 50-day moving average price of $40.77 and a two-hundred day moving average price of $36.74. The firm has a market capitalization of $212.67 million, a PE ratio of 11.97 and a beta of 2.11.

Nomura Focused Emerging Markets Equity ETF Announces Dividend

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

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMEQ. CWM LLC purchased a new stake in Nomura Focused Emerging Markets Equity ETF in the 4th quarter worth approximately $34,000. Private Trust Co. NA bought a new stake in Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth $61,000. Prosperity Wealth Management Inc. increased its stake in Nomura Focused Emerging Markets Equity ETF by 156.4% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock valued at $888,000 after purchasing an additional 15,246 shares in the last quarter. Mainstay Capital Management LLC ADV bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at approximately $1,274,000. Finally, Citadel Advisors LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the third quarter worth $1,436,000.

About Nomura 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.