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

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.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EMXC. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ex China ETF by 212.4% during the 4th quarter. JPMorgan Chase & Co. now owns 14,529,961 shares of the company’s stock worth $805,686,000 after acquiring an additional 9,879,078 shares during the last quarter. Bank of New York Mellon Corp boosted 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 worth $576,771,000 after purchasing an additional 394,782 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in iShares MSCI Emerging Markets ex China ETF by 7.0% in 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 increased its stake in iShares MSCI Emerging Markets ex China ETF by 4.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,772,842 shares of the company’s stock valued at $98,304,000 after buying an additional 76,791 shares during the last quarter. Finally, OLD Mission Capital LLC lifted its position in iShares MSCI Emerging Markets ex China ETF by 48.2% during the 4th 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 Stock Down 0.2 %

EMXC traded down $0.14 during trading on Friday, hitting $57.05. The company had a trading volume of 1,354,813 shares, compared to its average volume of 2,210,837. The firm’s 50-day moving average price is $56.55 and its 200 day moving average price is $58.52. The company has a market capitalization of $15.65 billion, a PE ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a one year low of $54.41 and a one year high of $63.25.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

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

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.