Short Interest in iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Increases By 85.7%

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 18,200 shares, a growth of 85.7% from the August 15th total of 9,800 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 3.4 days.

iShares ESG Advanced MSCI EM ETF Stock Performance

Shares of NASDAQ EMXF traded up $0.15 during midday trading on Friday, hitting $37.93. 4,142 shares of the company traded hands, compared to its average volume of 9,429. iShares ESG Advanced MSCI EM ETF has a 12-month low of $31.46 and a 12-month high of $38.84. The stock has a 50-day moving average price of $37.32 and a 200 day moving average price of $36.58. The firm has a market cap of $79.65 million, a P/E ratio of 12.60 and a beta of 0.63.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EM ETF

Hedge funds have recently bought and sold shares of the business. Asset Dedication LLC bought a new stake in iShares ESG Advanced MSCI EM ETF during the second quarter worth about $244,000. Wrapmanager Inc. boosted its stake in iShares ESG Advanced MSCI EM ETF by 5.8% during the second quarter. Wrapmanager Inc. now owns 8,186 shares of the company’s stock worth $300,000 after acquiring an additional 449 shares in the last quarter. Optas LLC boosted its stake in iShares ESG Advanced MSCI EM ETF by 10.4% during the first quarter. Optas LLC now owns 9,309 shares of the company’s stock worth $331,000 after acquiring an additional 879 shares in the last quarter. Congress Wealth Management LLC DE boosted its stake in iShares ESG Advanced MSCI EM ETF by 15.1% during the fourth quarter. Congress Wealth Management LLC DE now owns 11,541 shares of the company’s stock worth $410,000 after acquiring an additional 1,511 shares in the last quarter. Finally, Gould Asset Management LLC CA boosted its stake in iShares ESG Advanced MSCI EM ETF by 29.0% during the first quarter. Gould Asset Management LLC CA now owns 13,025 shares of the company’s stock worth $464,000 after acquiring an additional 2,925 shares in the last quarter.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities.