iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Sees Large Growth in Short Interest

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 830 shares, an increase of 280.7% from the April 30th total of 218 shares. Based on an average daily volume of 3,578 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

iShares Emerging Markets Infrastructure ETF Stock Performance

NASDAQ EMIF opened at $27.04 on Friday. The stock’s fifty day moving average is $28.42 and its two-hundred day moving average is $28.14. The firm has a market capitalization of $13.52 million, a P/E ratio of 10.93 and a beta of 0.47. iShares Emerging Markets Infrastructure ETF has a fifty-two week low of $22.73 and a fifty-two week high of $30.79.

About iShares Emerging Markets Infrastructure ETF

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.