iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Short Interest Up 122.9% in June

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 60,178 shares, an increase of 122.9% from the June 15th total of 27,002 shares. Based on an average daily trading volume, of 8,265 shares, the days-to-cover ratio is currently 7.3 days. Currently, 2.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EM ETF

Several large investors have recently made changes to their positions in EMXF. Timmons Wealth Management LLC bought a new position in iShares ESG Advanced MSCI EM ETF during the fourth quarter valued at approximately $25,000. Kestra Advisory Services LLC purchased a new stake in shares of iShares ESG Advanced MSCI EM ETF during the 4th quarter worth approximately $36,000. Smartleaf Asset Management LLC boosted its position in shares of iShares ESG Advanced MSCI EM ETF by 795.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,254 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the last quarter. NBT Bank N A NY grew its holdings in shares of iShares ESG Advanced MSCI EM ETF by 13.5% in the fourth quarter. NBT Bank N A NY now owns 2,567 shares of the company’s stock valued at $119,000 after purchasing an additional 305 shares in the last quarter. Finally, Stewardship Advisors LLC bought a new stake in iShares ESG Advanced MSCI EM ETF in the fourth quarter worth $202,000.

iShares ESG Advanced MSCI EM ETF Price Performance

Shares of EMXF stock traded up $0.06 during mid-day trading on Wednesday, hitting $56.20. The company had a trading volume of 1,232 shares, compared to its average volume of 7,973. The stock’s 50 day moving average price is $56.76 and its 200-day moving average price is $52.20. iShares ESG Advanced MSCI EM ETF has a 52-week low of $42.44 and a 52-week high of $60.04. The company has a market capitalization of $162.98 million, a P/E ratio of 13.05 and a beta of 0.69.

iShares ESG Advanced MSCI EM ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.466 dividend. The ex-dividend date was Monday, June 15th.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.