iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 136,317,931 shares, a growth of 6.8% from the February 15th total of 127,684,158 shares. Based on an average trading volume of 65,746,422 shares, the days-to-cover ratio is presently 2.1 days.

Several hedge funds have recently added to or reduced their stakes in the company. Jackson Hole Capital Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $171,000. Pacific Edge Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 176.9% during the fourth quarter. Pacific Edge Advisors LLC now owns 21,250 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 13,575 shares in the last quarter. American Century Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $391,000. Sowell Financial Services LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $1,399,000. Finally, Covalis Capital LLP purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $1,421,000.

EEM stock opened at $43.08 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $37.58 and a 52-week high of $49.70.

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iShares MSCI Emerging Markets ETF Company Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).

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