iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Sees Significant Growth in Short Interest

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 13,808 shares, an increase of 1,210.1% from the August 15th total of 1,054 shares. Currently, 2.8% of the shares of the stock are sold short. Based on an average daily volume of 5,009 shares, the days-to-cover ratio is currently 2.8 days.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of EMIF stock traded down $0.00 during trading hours on Thursday, hitting $26.67. 378 shares of the company’s stock were exchanged, compared to its average volume of 4,516. iShares Emerging Markets Infrastructure ETF has a 52 week low of $24.75 and a 52 week high of $30.79. The stock has a market cap of $13.33 million, a price-to-earnings ratio of 10.93 and a beta of 0.45. The stock’s 50-day moving average is $26.04 and its 200-day moving average is $27.34.

Institutional Trading of iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp purchased a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 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 reporting period.

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.