Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Rises By 42.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 6,490,000 shares, an increase of 42.3% from the August 31st total of 4,560,000 shares. Based on an average daily trading volume, of 2,922,400 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EMXC. Quent Capital LLC raised its stake in iShares MSCI Emerging Markets ex China ETF by 0.3% during the second quarter. Quent Capital LLC now owns 62,282 shares of the company’s stock worth $3,687,000 after purchasing an additional 178 shares during the period. Global Financial Private Client LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 16.8% during the 2nd quarter. Global Financial Private Client LLC now owns 1,424 shares of the company’s stock worth $84,000 after buying an additional 205 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its stake in iShares MSCI Emerging Markets ex China ETF by 5.8% during the first quarter. Massmutual Trust Co. FSB ADV now owns 3,808 shares of the company’s stock worth $219,000 after acquiring an additional 209 shares during the period. Nations Financial Group Inc. IA ADV increased its position in iShares MSCI Emerging Markets ex China ETF by 2.5% in the second quarter. Nations Financial Group Inc. IA ADV now owns 10,103 shares of the company’s stock worth $598,000 after buying an additional 251 shares during the period. Finally, Continuum Advisory LLC boosted its position in shares of iShares MSCI Emerging Markets ex China ETF by 23.4% during the second quarter. Continuum Advisory LLC now owns 1,369 shares of the company’s stock worth $81,000 after buying an additional 260 shares during the period.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of EMXC traded down $0.53 during mid-day trading on Friday, reaching $62.46. The company’s stock had a trading volume of 1,785,698 shares, compared to its average volume of 2,354,266. The stock has a market cap of $15.18 billion, a PE ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $47.76 and a 12-month high of $63.25. The company’s 50 day moving average is $59.83 and its 200 day moving average is $58.68.

iShares MSCI Emerging Markets ex China ETF Company Profile

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.