iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 61.3% in July

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 547,884 shares, an increase of 61.3% from the July 15th total of 339,586 shares. Based on an average daily volume of 2,856,256 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of EMXC traded down $3.49 during trading hours on Tuesday, hitting $94.81. 2,283,224 shares of the stock were exchanged, compared to its average volume of 3,197,657. iShares MSCI Emerging Markets ex China ETF has a fifty-two week low of $62.71 and a fifty-two week high of $107.12. The business has a 50-day moving average of $96.79 and a 200-day moving average of $90.47. The firm has a market capitalization of $24.15 billion, a P/E ratio of 15.28 and a beta of 0.89.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EMXC. Sankala Group LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at about $27,000. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI Emerging Markets ex China ETF during the third quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 526.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock worth $43,000 after purchasing an additional 495 shares in the last quarter. Arlington Trust Co LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 91.8% in the fourth quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock worth $54,000 after purchasing an additional 356 shares in the last quarter. Finally, BOKF NA bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth approximately $62,000.

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.