Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Increases By 29.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 11,870,000 shares, a growth of 29.3% from the January 15th total of 9,180,000 shares. Based on an average daily trading volume, of 2,098,800 shares, the days-to-cover ratio is presently 5.7 days.

iShares MSCI Emerging Markets ex China ETF Stock Down 0.2 %

NASDAQ:EMXC traded down $0.14 during trading hours on Friday, hitting $57.05. 1,354,813 shares of the stock traded hands, compared to its average volume of 2,210,837. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $54.41 and a 1 year high of $63.25. The company has a market cap of $15.65 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88. The stock has a 50 day moving average price of $56.55 and a 200 day moving average price of $58.52.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 212.4% during the fourth quarter. JPMorgan Chase & Co. now owns 14,529,961 shares of the company’s stock valued at $805,686,000 after purchasing an additional 9,879,078 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 3.9% during the fourth quarter. Bank of New York Mellon Corp now owns 10,401,633 shares of the company’s stock valued at $576,771,000 after purchasing an additional 394,782 shares in the last quarter. Cullen Frost Bankers Inc. lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 7.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 2,267,834 shares of the company’s stock valued at $125,751,000 after purchasing an additional 149,004 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 4.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,772,842 shares of the company’s stock worth $98,304,000 after buying an additional 76,791 shares in the last quarter. Finally, OLD Mission Capital LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 48.2% in the fourth quarter. OLD Mission Capital LLC now owns 1,727,406 shares of the company’s stock worth $95,785,000 after buying an additional 562,175 shares in the last quarter.

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.