Short Interest in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Rises By 25.8%

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 88,317,354 shares, an increase of 25.8% from the November 30th total of 70,224,076 shares. Currently, 23.2% of the shares of the company are sold short. Based on an average daily volume of 23,208,523 shares, the days-to-cover ratio is presently 3.8 days. Based on an average daily volume of 23,208,523 shares, the days-to-cover ratio is presently 3.8 days. Currently, 23.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc boosted its stake in shares of iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares in the last quarter. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Maseco LLP purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at about $27,000. BTG Pactual Asset Management US LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares during the last quarter. Finally, Richardson Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $33,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.3%

iShares MSCI Emerging Markets ETF stock opened at $54.71 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31. The firm has a market capitalization of $20.80 billion, a PE ratio of 14.46 and a beta of 0.64. The firm’s 50 day simple moving average is $54.52 and its 200 day simple moving average is $51.92.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.