Short Interest in iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) Expands By 92.7%

iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 12,410 shares, an increase of 92.7% from the May 14th total of 6,439 shares. Based on an average daily trading volume, of 2,335 shares, the days-to-cover ratio is currently 5.3 days. Approximately 4.1% of the company’s stock are sold short.

iShares MSCI Emerging Markets Value Factor ETF Stock Performance

Shares of EVLU opened at $41.83 on Friday. iShares MSCI Emerging Markets Value Factor ETF has a twelve month low of $26.65 and a twelve month high of $43.97. The firm’s 50 day moving average price is $38.69 and its two-hundred day moving average price is $35.49. The firm has a market cap of $12.55 million and a P/E ratio of 9.08.

About iShares MSCI Emerging Markets Value Factor ETF

The iShares MSCI Emerging Markets Value Factor ETF (EVLU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from emerging markets, selected for their high value scores. The portfolio is market cap-weighted with tilts based on their value and quality scores derived from fundamental metrics. EVLU was launched on Sep 4, 2024 and is issued by BlackRock.