iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Short Interest Update

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 6,157 shares, a drop of 58.0% from the April 15th total of 14,674 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 16,307 shares, the days-to-cover ratio is currently 0.4 days.

iShares MSCI Emerging Markets Small-Cap ETF Price Performance

Shares of NYSEARCA EEMS opened at $75.92 on Friday. The company has a 50 day simple moving average of $72.89 and a 200 day simple moving average of $70.80. The firm has a market cap of $447.93 million, a PE ratio of 15.93 and a beta of 0.70. iShares MSCI Emerging Markets Small-Cap ETF has a 1 year low of $60.35 and a 1 year high of $79.44.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Daytona Street Capital LLC bought a new position in iShares MSCI Emerging Markets Small-Cap ETF during the 4th quarter worth approximately $27,000. Van Berkom & Associates Inc. bought a new position in iShares MSCI Emerging Markets Small-Cap ETF during the 1st quarter worth approximately $48,000. NewEdge Advisors LLC raised its holdings in iShares MSCI Emerging Markets Small-Cap ETF by 21.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,000 shares of the company’s stock worth $130,000 after purchasing an additional 350 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in iShares MSCI Emerging Markets Small-Cap ETF by 90.7% during the 4th quarter. Farther Finance Advisors LLC now owns 3,213 shares of the company’s stock worth $217,000 after purchasing an additional 1,528 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares MSCI Emerging Markets Small-Cap ETF by 261.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,866 shares of the company’s stock worth $316,000 after purchasing an additional 3,519 shares during the last quarter.

About iShares MSCI Emerging Markets Small-Cap ETF

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.