Short Interest in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Increases By 785.2%

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 20,909 shares, an increase of 785.2% from the May 31st total of 2,362 shares. Based on an average daily volume of 177,791 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Kickstand Ventures LLC. boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 0.7% in the fourth quarter. Kickstand Ventures LLC. now owns 22,519 shares of the company’s stock worth $1,303,000 after acquiring an additional 158 shares during the last quarter. Hirtle Callaghan & Co LLC increased its position in iShares Emerging Markets Equity Factor ETF by 1.7% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock worth $1,233,000 after purchasing an additional 350 shares during the last quarter. Captrust Financial Advisors increased its position in iShares Emerging Markets Equity Factor ETF by 2.2% during the fourth quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock worth $1,084,000 after purchasing an additional 398 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in iShares Emerging Markets Equity Factor ETF by 38.3% during the first quarter. EverSource Wealth Advisors LLC now owns 1,606 shares of the company’s stock worth $97,000 after purchasing an additional 445 shares during the period. Finally, First Citizens Financial Corp raised its stake in iShares Emerging Markets Equity Factor ETF by 8.4% during the fourth quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock worth $1,107,000 after purchasing an additional 1,486 shares during the period.

iShares Emerging Markets Equity Factor ETF Stock Up 1.1%

Shares of BATS:EMGF opened at $72.67 on Friday. The company has a market cap of $1.28 billion, a P/E ratio of 13.32 and a beta of 0.59. iShares Emerging Markets Equity Factor ETF has a 52 week low of $51.73 and a 52 week high of $76.58. The business has a fifty day simple moving average of $71.25 and a 200-day simple moving average of $64.89.

About iShares Emerging Markets Equity Factor ETF

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.