Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 13,449 shares, a decline of 60.9% from the May 31st total of 34,389 shares. Based on an average daily volume of 239,165 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.
Nomura Focused Emerging Markets Equity ETF Trading Up 2.3%
EMEQ traded up $1.65 on Tuesday, hitting $72.86. 80,786 shares of the company’s stock were exchanged, compared to its average volume of 176,394. Nomura Focused Emerging Markets Equity ETF has a fifty-two week low of $29.98 and a fifty-two week high of $78.71. The stock has a market cap of $582.88 million, a price-to-earnings ratio of 11.97 and a beta of 1.61. The firm has a 50-day moving average price of $64.72 and a 200-day moving average price of $52.33.
Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF
Several hedge funds have recently made changes to their positions in EMEQ. CWM LLC purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at about $34,000. Private Trust Co. NA purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth approximately $61,000. Fifth Third Bancorp acquired a new position in Nomura Focused Emerging Markets Equity ETF during the first quarter worth approximately $93,000. Osaic Holdings Inc. acquired a new position in Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth approximately $141,000. Finally, Sankala Group LLC purchased a new stake in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $229,000.
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.
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