Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Grows By 252.1%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 15,800 shares, an increase of 252.1% from the December 15th total of 4,487 shares. Based on an average daily trading volume, of 2,418 shares, the days-to-cover ratio is currently 6.5 days. Currently, 5.3% of the shares of the stock are sold short. Currently, 5.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,418 shares, the days-to-cover ratio is currently 6.5 days.

Hedge Funds Weigh In On iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

iShares Emerging Markets Infrastructure ETF Stock Up 0.1%

NASDAQ:EMIF traded up $0.03 during mid-day trading on Tuesday, hitting $27.02. 1,352 shares of the stock traded hands, compared to its average volume of 4,140. The business’s 50-day moving average price is $26.95 and its 200 day moving average price is $25.63. The company has a market cap of $8.11 million, a PE ratio of 10.93 and a beta of 0.59. iShares Emerging Markets Infrastructure ETF has a 12-month low of $19.51 and a 12-month high of $27.95.

iShares Emerging Markets Infrastructure ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.824 dividend. This represents a dividend yield of 624.0%. The ex-dividend date was Tuesday, December 16th.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.