iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Update

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 651,400 shares, a decrease of 76.2% from the February 28th total of 2,740,000 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,695,900 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI Emerging Markets ex China ETF Trading Down 1.7 %

NASDAQ EMXC traded down $0.93 during mid-day trading on Friday, hitting $55.18. The company’s stock had a trading volume of 997,952 shares, compared to its average volume of 2,297,908. The firm has a market capitalization of $15.14 billion, a price-to-earnings ratio of 15.53 and a beta of 0.88. The company’s 50 day simple moving average is $56.21 and its 200 day simple moving average is $57.81. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $53.98 and a twelve month high of $63.25.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EMXC. Mascagni Wealth Management Inc. bought a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter worth approximately $378,000. Copia Wealth Management purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at approximately $2,878,000. Ameriflex Group Inc. bought a new stake in iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth $37,000. Fourth Dimension Wealth LLC bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth $37,000. Finally, Novem Group purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at about $479,000.

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.