iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Short Interest Update

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 38,720 shares, a decrease of 33.1% from the July 30th total of 57,910 shares. Based on an average daily trading volume, of 163,453 shares, the short-interest ratio is currently 0.2 days. Approximately 0.7% of the company’s shares are short sold.

iShares Currency Hedged MSCI Emerging Markets ETF Trading Down 0.1%

Shares of BATS:HEEM opened at $42.28 on Tuesday. The stock’s 50-day moving average price is $42.18 and its 200-day moving average price is $41.00. iShares Currency Hedged MSCI Emerging Markets ETF has a 12-month low of $30.88 and a 12-month high of $46.49. The stock has a market capitalization of $239.30 million, a P/E ratio of 13.80 and a beta of 0.53.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF in the first quarter valued at approximately $299,000. Flow Traders U.S. LLC bought a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF in the third quarter worth approximately $204,000. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% in the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock worth $884,000 after purchasing an additional 1,146 shares during the last quarter.

iShares Currency Hedged MSCI Emerging Markets ETF Company Profile

The iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of broad emerging market equities with currency exposure from the underlying stocks hedged out for USD investors. HEEM was launched on Sep 23, 2014 and is managed by BlackRock.