iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Short Interest Down 44.3% in May

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 462 shares, a decline of 44.3% from the May 14th total of 830 shares. Based on an average daily volume of 3,848 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares Emerging Markets Infrastructure ETF Price Performance

EMIF stock traded up $0.39 during midday trading on Friday, reaching $26.95. 1,220 shares of the company were exchanged, compared to its average volume of 5,640. The business has a 50-day moving average price of $28.13 and a two-hundred day moving average price of $28.12. iShares Emerging Markets Infrastructure ETF has a one year low of $22.73 and a one year high of $30.79. The firm has a market capitalization of $13.48 million, a price-to-earnings ratio of 10.93 and a beta of 0.45.

Hedge Funds Weigh In On iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp bought a new position in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned approximately 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.