iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Down 76.2% in March

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 651,400 shares, a decline of 76.2% from the February 28th total of 2,740,000 shares. Based on an average daily volume of 2,695,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

iShares MSCI Emerging Markets ex China ETF Trading Down 0.9 %

Shares of EMXC stock opened at $56.08 on Thursday. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $53.98 and a 12-month high of $63.25. The stock has a market capitalization of $15.38 billion, a P/E ratio of 15.53 and a beta of 0.88. The firm’s 50 day moving average is $56.21 and its 200 day moving average is $57.82.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of institutional investors and hedge funds have recently modified their holdings of EMXC. Icon Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ex China ETF by 26.9% in the third quarter. Icon Wealth Advisors LLC now owns 300,889 shares of the company’s stock worth $18,387,000 after purchasing an additional 63,821 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 5.9% in the 3rd quarter. Captrust Financial Advisors now owns 426,760 shares of the company’s stock worth $26,083,000 after purchasing an additional 23,640 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the third quarter worth approximately $52,987,000. Community Bank N.A. grew its position in iShares MSCI Emerging Markets ex China ETF by 16.6% during the third quarter. Community Bank N.A. now owns 45,682 shares of the company’s stock valued at $2,792,000 after buying an additional 6,498 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 15.9% during the third quarter. Integrated Wealth Concepts LLC now owns 318,986 shares of the company’s stock valued at $19,493,000 after buying an additional 43,754 shares during the last quarter.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.