iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Shares Shorted: Short Interest Down 43.2% in October

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 81,876 shares, a decline of 43.2% from the September 30th total of 144,230 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average trading volume of 20,861 shares, the days-to-cover ratio is currently 3.9 days.

iShares MSCI Emerging Markets Small-Cap ETF Stock Down 2.5%

iShares MSCI Emerging Markets Small-Cap ETF stock traded down $1.78 during mid-day trading on Friday, reaching $68.84. 19,942 shares of the company’s stock were exchanged, compared to its average volume of 42,052. The company has a market cap of $351.08 million, a P/E ratio of 15.93 and a beta of 0.72. The company has a fifty day moving average of $74.91 and a 200-day moving average of $73.89. iShares MSCI Emerging Markets Small-Cap ETF has a twelve month low of $65.04 and a twelve month high of $79.44.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in iShares MSCI Emerging Markets Small-Cap ETF by 13.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,046 shares of the company’s stock valued at $626,000 after acquiring an additional 1,098 shares during the last quarter. Gould Asset Management LLC CA lifted its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 7.4% in the first quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock valued at $371,000 after purchasing an additional 370 shares in the last quarter. Finally, Van Berkom & Associates Inc. purchased a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF during the 1st quarter worth approximately $48,000.

iShares MSCI Emerging Markets Small-Cap ETF Company Profile

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.