Bldrs EM Mkts 50 shares had a trading volume of 27K on Wednesday. Overall, volume was up 193.22% over the stocks normal daily volume.
Short traders are more bullish on Bldrs EM Mkts 50 of late if you put credence in the change in short interest. The stock recorded a fall in short interest from September 29, 2017 to October 13, 2017 of -25.68%. Short shares decreased 6,258 over that timeframe. With short interest at 18,113 and short average daily volume at 8,843, days to cover is 2.0 and the percentage of shorted shares is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Wells Fargo & Company/mn had disposed of 480 shares trimming its stake by 16.0%. The value of the investment in ADRE decreased from $115,000 to $106,000 decreasing 7.8% quarter over quarter. Blackrock Inc. trimmed its position by selling 9 shares a decrease of 8.3%. Blackrock Inc. now holds 99 shares valued at $4,000. The total value of its holdings decreased 0.0%.
As of quarter end Morgan Stanley had sold a total of 431 shares trimming its position 9.6%. The value of the investment in Bldrs EM Mkts 50 went from $174,000 to $172,000 a change of $2,000 since the last quarter. As of quarter end Goldman Sachs Group Inc had disposed of 168 shares trimming its holdings by 0.8%. The value of the total investment in Bldrs EM Mkts 50 went from $849,000 to $921,000 a change of 8.5% quarter to quarter.
In the market the company is trading up by 1.12% percent from yesterday’s close. Bldrs EM Mkts 50 currently has a P/E ratio of N/A and market cap is 157.71M.
BLDRS Emerging Markets 50 ADR Index Fund (the Fund) is a unit investment trust designed to provide investment results that correspond generally to the price and yield performance of the publicly traded depositary receipts comprising The Bank of New York Emerging Markets 50 ADR Index. As of September 30, 2006, The BNY Emerging Markets 50 ADR Index included 50 component depositary receipts representing the securities issued by 50 of the most actively traded companies from the international and emerging markets having a free-float market capitalization ranging from approximately $3 billion to over $30 billion..