iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Sees Significant Increase in Short Interest

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 5,382 shares, a growth of 38.2% from the February 26th total of 3,894 shares. Based on an average daily trading volume, of 20,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EMXF. Timmons Wealth Management LLC acquired a new stake in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter valued at approximately $25,000. Kestra Advisory Services LLC acquired a new position in iShares ESG Advanced MSCI EM ETF in the 4th quarter valued at $36,000. Smartleaf Asset Management LLC lifted its position in shares of iShares ESG Advanced MSCI EM ETF by 795.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the period. NBT Bank N A NY grew its holdings in shares of iShares ESG Advanced MSCI EM ETF by 13.5% during the 4th quarter. NBT Bank N A NY now owns 2,567 shares of the company’s stock worth $119,000 after purchasing an additional 305 shares in the last quarter. Finally, Stewardship Advisors LLC bought a new position in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter worth $202,000.

iShares ESG Advanced MSCI EM ETF Stock Down 1.1%

Shares of iShares ESG Advanced MSCI EM ETF stock traded down $0.50 during trading on Monday, reaching $46.29. The company’s stock had a trading volume of 4,794 shares, compared to its average volume of 8,517. The business’s 50-day moving average price is $49.78 and its 200-day moving average price is $47.62. iShares ESG Advanced MSCI EM ETF has a 52 week low of $34.03 and a 52 week high of $53.04. The firm has a market cap of $124.98 million, a PE ratio of 13.05 and a beta of 0.63.

iShares ESG Advanced MSCI EM ETF Company Profile

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.