iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 189.6% in March

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 7,788,078 shares, a growth of 189.6% from the February 26th total of 2,689,130 shares. Currently, 4.0% of the company’s shares are sold short. Based on an average trading volume of 5,820,697 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 5,820,697 shares, the days-to-cover ratio is currently 1.3 days. Currently, 4.0% of the company’s shares are sold short.

iShares MSCI Emerging Markets ex China ETF Trading Up 1.6%

NASDAQ:EMXC opened at $79.95 on Wednesday. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $49.60 and a twelve month high of $88.87. The company has a market cap of $15.63 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82. The stock has a fifty day simple moving average of $81.45 and a 200-day simple moving average of $74.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Rossby Financial LCC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 8.5% during the 4th quarter. Rossby Financial LCC now owns 1,563 shares of the company’s stock valued at $114,000 after buying an additional 122 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in iShares MSCI Emerging Markets ex China ETF by 1.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,680 shares of the company’s stock worth $704,000 after acquiring an additional 132 shares in the last quarter. Cary Street Partners Financial LLC grew its stake in iShares MSCI Emerging Markets ex China ETF by 4.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 3,951 shares of the company’s stock worth $267,000 after acquiring an additional 159 shares in the last quarter. First PREMIER Bank increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 7.1% during the third quarter. First PREMIER Bank now owns 2,867 shares of the company’s stock worth $194,000 after acquiring an additional 190 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 3.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 6,131 shares of the company’s stock worth $446,000 after acquiring an additional 206 shares during the period.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.