iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS – Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 6,157 shares, a decline of 58.0% from the April 15th total of 14,674 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 16,307 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EEMS. Daytona Street Capital LLC acquired a new position in iShares MSCI Emerging Markets Small-Cap ETF during the fourth quarter valued at $27,000. Van Berkom & Associates Inc. acquired a new position in iShares MSCI Emerging Markets Small-Cap ETF during the first quarter valued at $48,000. NewEdge Advisors LLC lifted its position in iShares MSCI Emerging Markets Small-Cap ETF by 21.2% during the second quarter. NewEdge Advisors LLC now owns 2,000 shares of the company’s stock valued at $130,000 after purchasing an additional 350 shares during the period. Farther Finance Advisors LLC lifted its position in iShares MSCI Emerging Markets Small-Cap ETF by 90.7% during the fourth quarter. Farther Finance Advisors LLC now owns 3,213 shares of the company’s stock valued at $217,000 after purchasing an additional 1,528 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in iShares MSCI Emerging Markets Small-Cap ETF by 261.2% during the second quarter. JPMorgan Chase & Co. now owns 4,866 shares of the company’s stock valued at $316,000 after purchasing an additional 3,519 shares during the period.
iShares MSCI Emerging Markets Small-Cap ETF Stock Down 2.9%
Shares of EEMS traded down $2.27 during trading hours on Friday, reaching $75.92. 23,425 shares of the company traded hands, compared to its average volume of 20,033. The stock has a market capitalization of $447.93 million, a P/E ratio of 15.93 and a beta of 0.70. iShares MSCI Emerging Markets Small-Cap ETF has a 12-month low of $60.35 and a 12-month high of $79.44. The business has a fifty day moving average price of $72.89 and a 200-day moving average price of $70.80.
About iShares MSCI Emerging Markets Small-Cap ETF
The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.
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