Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Drops By 88.2%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 588,753 shares, a decline of 88.2% from the April 15th total of 5,010,083 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 2,647,823 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Large investors have recently added to or reduced their stakes in the stock. Sankala Group LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at $27,000. Brown Brothers Harriman & Co. bought a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter valued at $27,000. Cary Street Partners Investment Advisory LLC boosted its holdings in iShares MSCI Emerging Markets ex China ETF by 526.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after acquiring an additional 495 shares in the last quarter. Arlington Trust Co LLC boosted its holdings in iShares MSCI Emerging Markets ex China ETF by 91.8% in the fourth quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after acquiring an additional 356 shares in the last quarter. Finally, BOKF NA bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at $62,000.

iShares MSCI Emerging Markets ex China ETF Price Performance

NASDAQ:EMXC traded down $3.74 during trading hours on Tuesday, hitting $94.20. The company had a trading volume of 2,661,290 shares, compared to its average volume of 3,570,689. The company has a market capitalization of $23.05 billion, a PE ratio of 15.28 and a beta of 0.86. The stock has a 50-day moving average price of $84.38 and a 200 day moving average price of $78.59. iShares MSCI Emerging Markets ex China ETF has a 52 week low of $58.84 and a 52 week high of $98.31.

About iShares MSCI Emerging Markets ex China ETF

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.