iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 125.7% in June

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 4,186,565 shares, an increase of 125.7% from the May 31st total of 1,854,611 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average trading volume of 3,605,185 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMXC. Myriad Asset Management Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at $34,763,000. City of London Investment Management Co. Ltd. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the 3rd quarter worth $16,642,000. Vestor Capital LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 2,806.2% in the first quarter. Vestor Capital LLC now owns 240,521 shares of the company’s stock worth $18,919,000 after acquiring an additional 232,245 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth about $9,836,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 6.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,336,582 shares of the company’s stock valued at $169,823,000 after buying an additional 131,459 shares during the period.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of iShares MSCI Emerging Markets ex China ETF stock traded up $0.41 during trading hours on Monday, reaching $100.46. The company’s stock had a trading volume of 2,242,111 shares, compared to its average volume of 3,413,810. The company’s 50 day simple moving average is $96.65 and its 200 day simple moving average is $85.21. iShares MSCI Emerging Markets ex China ETF has a one year low of $62.30 and a one year high of $107.12. The stock has a market cap of $24.58 billion, a P/E ratio of 15.28 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.588 per share. The ex-dividend date was Monday, June 15th.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.