Short Interest in iShares Core MSCI Emerging Markets ETF (IEMG) Expands By 62.3%

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a significant increase in short interest in the month of March. As of March 29th, there was short interest totalling 12,684,849 shares, an increase of 62.3% from the March 15th total of 7,815,998 shares. Based on an average trading volume of 11,649,553 shares, the short-interest ratio is currently 1.1 days.

Hedge funds have recently bought and sold shares of the company. Trustcore Financial Services LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $103,000. Farmers National Bank bought a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $104,000. Capital Advisors Ltd. LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $105,000. Avestar Capital LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $124,000. Finally, Motco raised its holdings in iShares Core MSCI Emerging Markets ETF by 69.2% during the fourth quarter. Motco now owns 2,442 shares of the company’s stock worth $139,000 after acquiring an additional 999 shares in the last quarter.

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NYSEARCA:IEMG opened at $57.28 on Friday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.72 and a 1 year high of $62.70.

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