iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) Short Interest Up 174.5% in July

iShares MSCI Emerging Markets Value Factor ETF (BATS:EVLU) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 15,667 shares, an increase of 174.5% from the June 30th total of 5,707 shares. Based on an average daily trading volume, of 3,615 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.2% of the shares of the stock are short sold.

iShares MSCI Emerging Markets Value Factor ETF Stock Performance

BATS EVLU opened at $39.77 on Monday. The firm’s 50 day simple moving average is $40.93 and its 200 day simple moving average is $37.32. The firm has a market capitalization of $11.93 million and a price-to-earnings ratio of 9.08. iShares MSCI Emerging Markets Value Factor ETF has a 1 year low of $27.44 and a 1 year high of $43.97.

iShares MSCI Emerging Markets Value Factor ETF Company Profile

The iShares MSCI Emerging Markets Value Factor ETF (EVLU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from emerging markets, selected for their high value scores. The portfolio is market cap-weighted with tilts based on their value and quality scores derived from fundamental metrics. EVLU was launched on Sep 4, 2024 and is issued by BlackRock.