Market Vectors Emerging Mkts Local ETF (EMLC) Short Interest Update

Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) was the recipient of a significant drop in short interest in January. As of January 12th, there was short interest totalling 3,052,052 shares, a drop of 26.8% from the December 29th total of 4,171,818 shares. Based on an average daily trading volume, of 4,322,173 shares, the short-interest ratio is presently 0.7 days.

Institutional investors have recently added to or reduced their stakes in the business. James Investment Research Inc. lifted its stake in shares of Market Vectors Emerging Mkts Local ETF by 148.9% in the fourth quarter. James Investment Research Inc. now owns 21,170 shares of the company’s stock valued at $402,000 after buying an additional 12,665 shares in the last quarter. Taylor Cottrill Erickson & Associates Inc. lifted its stake in shares of Market Vectors Emerging Mkts Local ETF by 53.0% in the fourth quarter. Taylor Cottrill Erickson & Associates Inc. now owns 30,872 shares of the company’s stock valued at $586,000 after buying an additional 10,690 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in shares of Market Vectors Emerging Mkts Local ETF by 193.5% in the fourth quarter. First Citizens Bank & Trust Co. now owns 68,160 shares of the company’s stock valued at $1,294,000 after buying an additional 44,934 shares in the last quarter. Twin Capital Management Inc. lifted its stake in shares of Market Vectors Emerging Mkts Local ETF by 1.3% in the fourth quarter. Twin Capital Management Inc. now owns 244,770 shares of the company’s stock valued at $4,646,000 after buying an additional 3,220 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of Market Vectors Emerging Mkts Local ETF by 15.8% in the fourth quarter. IFP Advisors Inc now owns 313,173 shares of the company’s stock valued at $5,944,000 after buying an additional 42,634 shares in the last quarter.

Market Vectors Emerging Mkts Local ETF (EMLC) opened at $19.74 on Friday. Market Vectors Emerging Mkts Local ETF has a 12 month low of $17.83 and a 12 month high of $19.91.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd will be paid a $0.0868 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.28%. This is a positive change from Market Vectors Emerging Mkts Local ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Thursday, February 1st.

TRADEMARK VIOLATION NOTICE: This piece was reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2018/02/02/market-vectors-emerging-mkts-local-etf-emlc-short-interest-update.html.

Market Vectors Emerging Mkts Local ETF Company Profile

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.

Receive News & Ratings for Market Vectors Emerging Mkts Local ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Market Vectors Emerging Mkts Local ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply