iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Down 89.2% in March

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 595 shares, a decline of 89.2% from the February 26th total of 5,493 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 3,749 shares, the short-interest ratio is presently 0.2 days.

iShares Emerging Markets Infrastructure ETF Stock Performance

Shares of EMIF remained flat at $28.77 during midday trading on Thursday. 2,009 shares of the company’s stock traded hands, compared to its average volume of 6,483. The stock has a market cap of $10.07 million, a PE ratio of 10.93 and a beta of 0.59. The firm has a 50 day simple moving average of $28.97 and a 200 day simple moving average of $27.29. iShares Emerging Markets Infrastructure ETF has a twelve month low of $19.51 and a twelve month high of $30.79.

Hedge Funds Weigh In On iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent reporting period.

iShares Emerging Markets Infrastructure ETF Company Profile

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.