Short Interest in Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Expands By 2,863.4%

Macquarie Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a significant growth in short interest in the month of 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. Based on an average daily volume of 49,738 shares, the short-interest ratio is presently 14.3 days. Currently, 17.3% of the company’s shares are sold short. Currently, 17.3% of the company’s shares are sold short. Based on an average daily volume of 49,738 shares, the short-interest ratio is presently 14.3 days.

Hedge Funds Weigh In On Macquarie Focused Emerging Markets Equity ETF

Several large investors have recently modified their holdings of EMEQ. Prosperity Wealth Management Inc. boosted its position in shares of Macquarie Focused Emerging Markets Equity ETF by 156.4% during 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. Citadel Advisors LLC acquired a new position in Macquarie Focused Emerging Markets Equity ETF during the third quarter worth $1,436,000. Envestnet Asset Management Inc. acquired a new position in Macquarie Focused Emerging Markets Equity ETF during the third quarter worth $6,645,000. Finally, Truist Financial Corp purchased a new position in shares of Macquarie Focused Emerging Markets Equity ETF during the third quarter worth $6,984,000.

Macquarie Focused Emerging Markets Equity ETF Stock Up 1.0%

Shares of Macquarie Focused Emerging Markets Equity ETF stock traded up $0.44 during mid-day trading on Monday, hitting $43.69. The stock had a trading volume of 50,694 shares, compared to its average volume of 90,699. The firm has a market cap of $179.13 million, a P/E ratio of 11.97 and a beta of 2.11. The firm has a 50-day moving average of $39.70 and a two-hundred day moving average of $35.70. Macquarie Focused Emerging Markets Equity ETF has a 12-month low of $22.08 and a 12-month high of $43.69.

Macquarie Focused Emerging Markets Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders 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.