Short Interest in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Declines By 18.8%

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 78,509 shares, a drop of 18.8% from the February 12th total of 96,646 shares. Based on an average daily volume of 142,747 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.7% of the shares of the stock are sold short. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 142,747 shares, the days-to-cover ratio is presently 0.5 days.

Nomura Focused Emerging Markets Equity ETF Stock Up 0.7%

Shares of NASDAQ:EMEQ opened at $45.38 on Friday. The stock has a market capitalization of $208.75 million, a P/E ratio of 11.97 and a beta of 2.11. The firm has a fifty day simple moving average of $46.89 and a two-hundred day simple moving average of $40.73. Nomura Focused Emerging Markets Equity ETF has a 52 week low of $22.08 and a 52 week high of $53.37.

Nomura Focused Emerging Markets Equity ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were given a $1.1089 dividend. This represents a dividend yield of 284.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Institutional Trading of Nomura Focused Emerging Markets Equity ETF

Several large investors have recently bought and sold shares of the stock. CWM LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF during the 4th quarter valued at approximately $34,000. Private Trust Co. NA acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth $61,000. Osaic Holdings Inc. acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth $141,000. Sankala Group LLC purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $229,000. Finally, Jane Street Group LLC purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $385,000.

About Nomura Focused Emerging Markets Equity ETF

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.