iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Significant Increase in Short Interest

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 10,070,000 shares, a growth of 841.1% from the December 31st total of 1,070,000 shares. Based on an average daily volume of 1,754,400 shares, the short-interest ratio is currently 5.7 days.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC traded up $0.40 during mid-day trading on Tuesday, reaching $55.99. 2,082,740 shares of the stock were exchanged, compared to its average volume of 1,974,561. The stock has a market capitalization of $15.36 billion, a PE ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $53.98 and a 1 year high of $63.25. The company has a 50 day moving average price of $56.95 and a two-hundred day moving average price of $58.85.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

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

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

A number of large investors have recently bought and sold shares of EMXC. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at approximately $52,987,000. Eastern Bank bought a new stake in iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at $38,581,000. Janney Montgomery Scott LLC boosted its position in iShares MSCI Emerging Markets ex China ETF by 31.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,696,051 shares of the company’s stock valued at $103,646,000 after buying an additional 405,660 shares during the period. LVM Capital Management Ltd. MI purchased a new stake in iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth approximately $4,576,000. Finally, Icon Wealth Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 26.9% in the 3rd quarter. Icon Wealth Advisors LLC now owns 300,889 shares of the company’s stock worth $18,387,000 after buying an additional 63,821 shares during the last quarter.

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.