Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Large Growth in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 87,702 shares, a growth of 290.9% from the August 31st total of 22,436 shares. Based on an average trading volume of 92,397 shares, the short-interest ratio is presently 0.9 days. Currently, 0.9% of the shares of the company are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Down 1.1%

Nomura Focused Emerging Markets Equity ETF stock opened at $66.39 on Friday. The business has a 50 day moving average price of $64.38 and a two-hundred day moving average price of $61.30. Nomura Focused Emerging Markets Equity ETF has a 12 month low of $35.02 and a 12 month high of $78.71. The stock has a market cap of $637.34 million, a price-to-earnings ratio of 11.97 and a beta of 1.63.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Goldstein Advisors LLC bought a new stake in Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at $33,198,000. Pacific Wealth Management increased its stake in Nomura Focused Emerging Markets Equity ETF by 35.1% in the first quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock valued at $22,272,000 after acquiring an additional 128,377 shares during the period. Horizon Wealth Management LLC bought a new stake in Nomura Focused Emerging Markets Equity ETF in the first quarter valued at about $18,448,000. Private Advisor Group LLC raised its position in Nomura Focused Emerging Markets Equity ETF by 860.7% in the first quarter. Private Advisor Group LLC now owns 207,691 shares of the company’s stock worth $9,367,000 after purchasing an additional 186,072 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in Nomura Focused Emerging Markets Equity ETF during the second quarter worth about $5,079,000.

About Nomura Focused Emerging Markets Equity ETF

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.