Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Large Increase in Short Interest

Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 709,617 shares, a growth of 2,863.4% from the December 15th total of 23,946 shares. Approximately 17.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 49,738 shares, the days-to-cover ratio is presently 14.3 days. Based on an average daily trading volume, of 49,738 shares, the days-to-cover ratio is presently 14.3 days. Approximately 17.3% of the shares of the stock are sold short.

Institutional Trading of Macquarie Focused Emerging Markets Equity ETF

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. bought a new position in shares of Macquarie Focused Emerging Markets Equity ETF in the 3rd quarter valued at about $6,645,000. Truist Financial Corp bought a new stake in shares of Macquarie Focused Emerging Markets Equity ETF in the 3rd quarter valued at approximately $6,984,000. Citadel Advisors LLC bought a new stake in shares of Macquarie Focused Emerging Markets Equity ETF in the 3rd quarter valued at approximately $1,436,000. Finally, Prosperity Wealth Management Inc. boosted its holdings in shares of Macquarie Focused Emerging Markets Equity ETF by 156.4% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock worth $888,000 after purchasing an additional 15,246 shares during the period.

Macquarie Focused Emerging Markets Equity ETF Price Performance

NASDAQ:EMEQ opened at $43.01 on Wednesday. The company has a market cap of $176.34 million, a price-to-earnings ratio of 11.97 and a beta of 2.11. Macquarie Focused Emerging Markets Equity ETF has a 1 year low of $22.08 and a 1 year high of $43.69. The stock’s 50 day simple moving average is $39.77 and its two-hundred day simple moving average is $35.79.

Macquarie Focused Emerging Markets Equity ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were paid a dividend of $1.1089 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a yield of 284.0%.

Macquarie Focused Emerging Markets Equity ETF Company Profile

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.