iShares Health Innovation Active ETF (NYSEARCA:BMED) Sees Large Growth in Short Interest

iShares Health Innovation Active ETF (NYSEARCA:BMEDGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,275 shares, a growth of 98.5% from the August 15th total of 2,154 shares. Based on an average daily trading volume, of 2,654 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.2% of the shares of the company are short sold.

iShares Health Innovation Active ETF Stock Up 0.4%

BMED traded up $0.12 during trading on Tuesday, hitting $33.33. The company’s stock had a trading volume of 437 shares, compared to its average volume of 3,300. The business’s 50 day simple moving average is $32.29 and its 200-day simple moving average is $30.07. The firm has a market cap of $12.00 million, a PE ratio of 24.91 and a beta of 0.74. iShares Health Innovation Active ETF has a one year low of $25.79 and a one year high of $34.86.

About iShares Health Innovation Active ETF

(Get Free Report)

The BlackRock Future Health ETF (BMED) is an exchange-traded fund that is based on the MSCI All Country World index. The fund is actively managed to invest in global equities in the health sciences industry. BMED was launched on Sep 29, 2020 and is managed by BlackRock.

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