iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Significant Growth in Short Interest

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 17,990,344 shares, a growth of 48.4% from the December 31st total of 12,123,837 shares. Based on an average daily trading volume, of 20,283,164 shares, the short-interest ratio is currently 0.9 days. Approximately 1.0% of the company’s shares are sold short. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 20,283,164 shares, the short-interest ratio is currently 0.9 days.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $72.56 on Friday. The company has a market capitalization of $137.27 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The business has a 50-day moving average of $68.71 and a 200-day moving average of $66.05. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.29 and a 1 year high of $74.70.

Hedge Funds Weigh In On iShares Core MSCI Emerging Markets ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cloud Capital Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $32,000. Your Advocates Ltd. LLP purchased a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $36,000. North Star Investment Management Corp. purchased a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. First Horizon Corp bought a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $41,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth about $44,000.

About iShares Core MSCI Emerging Markets ETF

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.