Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Drops By 20.5%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,481,119 shares, a decrease of 20.5% from the December 15th total of 4,376,095 shares. Based on an average daily volume of 2,451,140 shares, the short-interest ratio is presently 1.4 days. Currently, 1.8% of the shares of the stock are sold short. Currently, 1.8% of the shares of the stock are sold short. Based on an average daily volume of 2,451,140 shares, the short-interest ratio is presently 1.4 days.

iShares MSCI Emerging Markets ex China ETF Price Performance

iShares MSCI Emerging Markets ex China ETF stock opened at $77.33 on Friday. The business has a 50 day simple moving average of $72.40 and a 200 day simple moving average of $68.49. The company has a market capitalization of $14.86 billion, a PE ratio of 15.28 and a beta of 0.82. iShares MSCI Emerging Markets ex China ETF has a one year low of $49.60 and a one year high of $77.60.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $1.3357 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 384.0%.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fortitude Family Office LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 8.7% during the fourth quarter. Fortitude Family Office LLC now owns 73,146 shares of the company’s stock worth $5,316,000 after buying an additional 5,857 shares in the last quarter. ORG Wealth Partners LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 11.1% in the 4th quarter. ORG Wealth Partners LLC now owns 17,953 shares of the company’s stock worth $1,305,000 after acquiring an additional 1,789 shares in the last quarter. LVM Capital Management Ltd. MI boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 5.2% in the 4th quarter. LVM Capital Management Ltd. MI now owns 111,653 shares of the company’s stock worth $8,115,000 after acquiring an additional 5,511 shares in the last quarter. Heartwood Wealth Advisors LLC grew its position in iShares MSCI Emerging Markets ex China ETF by 6.3% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 8,141 shares of the company’s stock worth $592,000 after acquiring an additional 479 shares during the last quarter. Finally, Bulwark Capital Corp increased its holdings in iShares MSCI Emerging Markets ex China ETF by 149.3% during the 4th quarter. Bulwark Capital Corp now owns 10,156 shares of the company’s stock valued at $738,000 after purchasing an additional 6,082 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Company Profile

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.