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

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 11,646 shares, a decline of 85.2% from the February 26th total of 78,509 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 206,022 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 206,022 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Several hedge funds have recently made changes to their positions in the business. Goldstein Advisors LLC bought a new position in shares of Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth approximately $33,198,000. LPL Financial LLC lifted its position in shares of Nomura Focused Emerging Markets Equity ETF by 121.9% in the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock worth $15,706,000 after purchasing an additional 214,606 shares in the last quarter. Pacific Wealth Management bought a new stake in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth $14,691,000. &PARTNERS acquired a new position in Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth $12,735,000. Finally, Truist Financial Corp boosted its holdings in Nomura Focused Emerging Markets Equity ETF by 46.9% during the fourth quarter. Truist Financial Corp now owns 274,701 shares of the company’s stock worth $11,043,000 after purchasing an additional 87,670 shares during the last quarter.

Nomura Focused Emerging Markets Equity ETF Stock Down 1.9%

Shares of NASDAQ:EMEQ traded down $0.93 during mid-day trading on Tuesday, reaching $46.80. 281,262 shares of the stock were exchanged, compared to its average volume of 163,706. The company has a market cap of $215.28 million, a P/E ratio of 11.97 and a beta of 2.11. Nomura Focused Emerging Markets Equity ETF has a one year low of $22.08 and a one year high of $53.37. The stock’s 50 day simple moving average is $47.49 and its 200-day simple moving average is $41.59.

Nomura Focused Emerging Markets Equity ETF Company Profile

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.