iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Short Interest Update

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

Hedge Funds Weigh In On iShares Emerging Markets Equity Factor ETF

Several institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in iShares Emerging Markets Equity Factor ETF by 38.3% in the 1st 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 last quarter. Worth Asset Management LLC bought a new position in iShares Emerging Markets Equity Factor ETF in the 1st quarter valued at $506,000. Captrust Financial Advisors boosted its position in iShares Emerging Markets Equity Factor ETF by 2.2% in the 4th quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after buying an additional 398 shares during the last quarter. First Citizens Financial Corp increased its stake in shares of iShares Emerging Markets Equity Factor ETF by 8.4% in the 4th quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock valued at $1,107,000 after buying an additional 1,486 shares during the period. Finally, Hirtle Callaghan & Co LLC increased its stake in shares of iShares Emerging Markets Equity Factor ETF by 1.7% in the 4th quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after buying an additional 350 shares during the period.

iShares Emerging Markets Equity Factor ETF Stock Performance

Shares of EMGF stock opened at $71.76 on Friday. iShares Emerging Markets Equity Factor ETF has a 52-week low of $51.73 and a 52-week high of $76.58. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59. The firm has a fifty day moving average of $71.36 and a 200-day moving average of $64.93.

iShares Emerging Markets Equity Factor ETF Company Profile

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.