Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Short Interest Update

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 22,436 shares, a decrease of 60.9% from the August 15th total of 57,450 shares. Based on an average trading volume of 84,525 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Goldstein Advisors LLC purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at about $33,198,000. Horizon Wealth Management LLC acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter worth about $18,448,000. Pacific Wealth Management purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $14,691,000. Private Advisor Group LLC grew its holdings in shares of 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 valued at $9,367,000 after purchasing an additional 186,072 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter valued at approximately $3,423,000.

Nomura Focused Emerging Markets Equity ETF Price Performance

Shares of NASDAQ:EMEQ traded down $3.16 during mid-day trading on Monday, reaching $63.39. 51,905 shares of the company were exchanged, compared to its average volume of 158,892. Nomura Focused Emerging Markets Equity ETF has a 1 year low of $34.72 and a 1 year high of $78.71. The firm’s 50-day simple moving average is $64.57 and its 200 day simple moving average is $60.29. The firm has a market cap of $589.53 million, a price-to-earnings ratio of 11.97 and a beta of 1.63.

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.