iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Significant Growth in Short Interest

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 17,990,344 shares, a growth of 48.4% from the December 31st total of 12,123,837 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,283,164 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 20,283,164 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares Core MSCI Emerging Markets ETF

Large investors have recently added to or reduced their stakes in the business. Quent Capital LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.7% in the second quarter. Quent Capital LLC now owns 814,240 shares of the company’s stock worth $48,879,000 after buying an additional 71,911 shares during the period. Bay Harbor Wealth Management LLC grew its position in iShares Core MSCI Emerging Markets ETF by 105.3% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 142,017 shares of the company’s stock worth $8,525,000 after acquiring an additional 72,832 shares during the last quarter. Kickstand Ventures LLC. increased its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the 2nd quarter. Kickstand Ventures LLC. now owns 115,600 shares of the company’s stock worth $6,939,000 after purchasing an additional 12,062 shares during the period. Valeo Financial Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 1.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,902,229 shares of the company’s stock worth $174,221,000 after purchasing an additional 54,547 shares during the period. Finally, Appleton Partners Inc. MA lifted its position in iShares Core MSCI Emerging Markets ETF by 0.9% in the second quarter. Appleton Partners Inc. MA now owns 263,714 shares of the company’s stock valued at $15,831,000 after purchasing an additional 2,462 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $72.56 on Friday. The stock has a market capitalization of $137.27 billion, a P/E ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $74.70. The firm’s 50 day simple moving average is $68.71 and its two-hundred day simple moving average is $66.05.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.