iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Shares Shorted: Short Interest Up 748.9% in September

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 168,690 shares, an increase of 748.9% from the August 31st total of 19,871 shares. Approximately 3.3% of the shares of the company are sold short. Based on an average daily volume of 114,028 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its stake in iShares MSCI Emerging Markets Small-Cap ETF by 13.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 9,046 shares of the company’s stock valued at $626,000 after acquiring an additional 1,098 shares during the period. Gould Asset Management LLC CA boosted its position in iShares MSCI Emerging Markets Small-Cap ETF by 7.4% during the first quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock worth $371,000 after purchasing an additional 370 shares during the period. Finally, Van Berkom & Associates Inc. bought a new position in iShares MSCI Emerging Markets Small-Cap ETF during the first quarter worth $48,000.

iShares MSCI Emerging Markets Small-Cap ETF Stock Performance

iShares MSCI Emerging Markets Small-Cap ETF stock traded up $0.71 during midday trading on Friday, reaching $75.89. 6,064 shares of the company’s stock were exchanged, compared to its average volume of 45,352. The stock’s 50-day simple moving average is $74.47 and its 200 day simple moving average is $74.36. The firm has a market cap of $387.04 million, a price-to-earnings ratio of 15.93 and a beta of 0.71. iShares MSCI Emerging Markets Small-Cap ETF has a 52 week low of $65.04 and a 52 week high of $79.44.

iShares MSCI Emerging Markets Small-Cap ETF Company Profile

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.