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

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 745,955 shares, a decline of 66.1% from the May 14th total of 2,200,156 shares. Based on an average daily volume of 19,118,630 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Fortitude Family Office LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 7.3% in the fourth quarter. Fortitude Family Office LLC now owns 133,389 shares of the company’s stock valued at $8,966,000 after buying an additional 9,117 shares in the last quarter. Ayalon Insurance Comp Ltd. increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 48.2% in the fourth quarter. Ayalon Insurance Comp Ltd. now owns 289,775 shares of the company’s stock valued at $19,479,000 after buying an additional 94,255 shares in the last quarter. Parkside Investments LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 6.7% in the third quarter. Parkside Investments LLC now owns 651,187 shares of the company’s stock valued at $42,926,000 after buying an additional 40,607 shares in the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at $1,121,000. Finally, Syon Capital LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 14.5% in the third quarter. Syon Capital LLC now owns 528,348 shares of the company’s stock valued at $34,829,000 after buying an additional 66,994 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $78.62 on Thursday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $57.38 and a 12 month high of $86.04. The stock has a market cap of $152.60 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The stock’s 50 day moving average price is $78.54 and its 200 day moving average price is $73.31.

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.