iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Sees Significant Increase in Short Interest

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 10,845 shares, an increase of 869.2% from the September 15th total of 1,119 shares. Based on an average daily trading volume, of 1,899 shares, the short-interest ratio is presently 5.7 days. Approximately 2.2% of the shares of the stock are short sold.

iShares Emerging Markets Infrastructure ETF Stock Performance

Shares of NASDAQ EMIF opened at $27.65 on Friday. The business has a fifty day moving average of $26.29 and a two-hundred day moving average of $27.03. iShares Emerging Markets Infrastructure ETF has a 52-week low of $24.75 and a 52-week high of $30.79. The stock has a market cap of $13.82 million, a PE ratio of 10.93 and a beta of 0.47.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.