iShares Inc. (IEMG) Sees Large Growth in Short Interest

iShares Inc. (NYSEARCA:IEMG) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 6,016,632 shares, a growth of 228.9% from the January 12th total of 1,829,462 shares. Based on an average daily volume of 10,632,915 shares, the days-to-cover ratio is currently 0.6 days.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. First Merchants Corp raised its position in iShares by 7.3% during the 4th quarter. First Merchants Corp now owns 12,900 shares of the company’s stock worth $734,000 after buying an additional 873 shares during the last quarter. Texas Yale Capital Corp. grew its stake in shares of iShares by 10.3% during the 4th quarter. Texas Yale Capital Corp. now owns 9,520 shares of the company’s stock worth $542,000 after purchasing an additional 890 shares during the period. Clearwater Capital Partners LLC grew its stake in shares of iShares by 9.4% during the 4th quarter. Clearwater Capital Partners LLC now owns 10,363 shares of the company’s stock worth $590,000 after purchasing an additional 893 shares during the period. ACG Wealth grew its stake in shares of iShares by 11.5% during the 4th quarter. ACG Wealth now owns 8,782 shares of the company’s stock worth $500,000 after purchasing an additional 908 shares during the period. Finally, Bronfman E.L. Rothschild L.P. grew its stake in shares of iShares by 27.0% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 4,678 shares of the company’s stock worth $266,000 after purchasing an additional 995 shares during the period.

iShares (NYSEARCA IEMG) opened at $56.96 on Tuesday. iShares has a 1 year low of $45.45 and a 1 year high of $62.70.

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