iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Significant Increase in Short Interest

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,295,088 shares, an increase of 310.8% from the June 15th total of 1,045,520 shares. Based on an average trading volume of 12,419,482 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

A number of hedge funds have recently made changes to their positions in IEMG. Vista Capital Partners Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 42.9% in the 2nd quarter. Vista Capital Partners Inc. now owns 7,176 shares of the company’s stock worth $431,000 after buying an additional 2,153 shares in the last quarter. Ameriprise Financial Inc. increased its position in iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after acquiring an additional 819,923 shares during the period. Monograph Wealth Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the 2nd quarter valued at $210,000. Redwood Investment Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 246.4% during the 2nd quarter. Redwood Investment Management LLC now owns 36,597 shares of the company’s stock worth $2,197,000 after acquiring an additional 26,032 shares during the period. Finally, Captrust Financial Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 7.8% during the 2nd quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock worth $488,723,000 after acquiring an additional 587,966 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG stock traded down $2.83 during trading hours on Monday, reaching $78.49. The stock had a trading volume of 11,985,031 shares, compared to its average volume of 16,100,571. iShares Core MSCI Emerging Markets ETF has a twelve month low of $59.67 and a twelve month high of $86.49. The firm has a 50-day simple moving average of $81.84 and a 200-day simple moving average of $75.79. The firm has a market capitalization of $151.97 billion, a PE ratio of 14.65 and a beta of 0.72.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.