iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 127,919,611 shares, a decline of 6.5% from the October 15th total of 136,843,109 shares. Based on an average daily volume of 90,350,398 shares, the days-to-cover ratio is presently 1.4 days.

Several large investors have recently made changes to their positions in EEM. FMR LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 108.1% in the 3rd quarter. FMR LLC now owns 16,815,580 shares of the exchange traded fund’s stock valued at $721,724,000 after purchasing an additional 8,735,196 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its position in iShares MSCI Emerging Markets ETF by 135.2% in the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 10,036,422 shares of the exchange traded fund’s stock valued at $434,878,000 after buying an additional 5,768,600 shares in the last quarter. Bank of Montreal Can bought a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $186,106,000. Cartica Management LLC increased its position in iShares MSCI Emerging Markets ETF by 302.0% in the 3rd quarter. Cartica Management LLC now owns 4,824,000 shares of the exchange traded fund’s stock valued at $207,046,000 after buying an additional 3,624,000 shares in the last quarter. Finally, Howard Hughes Medical Institute increased its position in iShares MSCI Emerging Markets ETF by 103.3% in the 2nd quarter. Howard Hughes Medical Institute now owns 3,120,000 shares of the exchange traded fund’s stock valued at $135,190,000 after buying an additional 1,585,000 shares in the last quarter.

Shares of NYSEARCA:EEM opened at $39.80 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $37.58 and a 1 year high of $52.08.

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About iShares MSCI Emerging Markets ETF

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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