Short Interest in iShares MSCI Emerging Markets Indx (EEM) Decreases By 14.3%

iShares MSCI Emerging Markets Indx (NYSE:EEM) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totalling 88,265,498 shares, a decline of 14.3% from the July 31st total of 102,933,971 shares. Based on an average daily volume of 42,805,353 shares, the short-interest ratio is currently 2.1 days.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Oakworth Capital Inc. increased its stake in iShares MSCI Emerging Markets Indx by 4.7% during the 2nd quarter. Oakworth Capital Inc. now owns 2,430 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 110 shares in the last quarter. Mondrian Investment Partners LTD bought a new position in shares of iShares MSCI Emerging Markets Indx during the 2nd quarter worth approximately $105,000. Regal Wealth Group Inc. grew its stake in shares of iShares MSCI Emerging Markets Indx by 0.3% during the 2nd quarter. Regal Wealth Group Inc. now owns 2,902 shares of the exchange traded fund’s stock worth $120,000 after acquiring an additional 8 shares in the last quarter. Burt Wealth Advisors grew its stake in shares of iShares MSCI Emerging Markets Indx by 9.6% during the 2nd quarter. Burt Wealth Advisors now owns 3,003 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 263 shares in the last quarter. Finally, Accurate Investment Solutions Inc. bought a new position in shares of iShares MSCI Emerging Markets Indx during the 2nd quarter worth approximately $126,000.

Shares of iShares MSCI Emerging Markets Indx (EEM) traded up 0.60% on Friday, reaching $45.59. 47,816,320 shares of the company were exchanged. iShares MSCI Emerging Markets Indx has a 12 month low of $33.94 and a 12 month high of $45.65. The stock has a 50 day moving average price of $44.34 and a 200-day moving average price of $41.58.

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About iShares MSCI Emerging Markets Indx

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).

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