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

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 9,925,684 shares, a decline of 44.8% from the January 15th total of 17,990,344 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 18,960,479 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 18,960,479 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

iShares Core MSCI Emerging Markets ETF Stock Up 0.4%

Shares of IEMG traded up $0.32 during mid-day trading on Friday, hitting $74.97. The stock had a trading volume of 15,632,018 shares, compared to its average volume of 19,647,912. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.29 and a fifty-two week high of $75.89. The company has a market cap of $143.27 billion, a PE ratio of 14.65 and a beta of 0.65. The company’s fifty day simple moving average is $70.08 and its two-hundred day simple moving average is $66.87.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the business. Modus Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $28,000. Cloud Capital Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter valued at about $32,000. Hilton Head Capital Partners LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $35,000. Your Advocates Ltd. LLP bought a new position in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $36,000. Finally, North Star Investment Management Corp. acquired a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000.

About iShares Core MSCI Emerging Markets ETF

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.