iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Down 16.0% in January

iShares Latin America 40 ETF (NYSEARCA:ILF) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 2,048,198 shares, a drop of 16.0% from the December 31st total of 2,438,272 shares. Based on an average daily volume of 3,213,702 shares, the short-interest ratio is currently 0.6 days. Approximately 2.1% of the company’s stock are sold short. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 3,213,702 shares, the short-interest ratio is currently 0.6 days.

iShares Latin America 40 ETF Stock Down 3.6%

iShares Latin America 40 ETF stock opened at $35.36 on Monday. The company has a market capitalization of $3.90 billion, a P/E ratio of 10.28 and a beta of 0.90. The stock’s 50 day moving average is $31.84 and its 200 day moving average is $29.15. iShares Latin America 40 ETF has a twelve month low of $20.97 and a twelve month high of $37.28.

Institutional Investors Weigh In On iShares Latin America 40 ETF

A number of institutional investors have recently modified their holdings of ILF. Carrera Capital Advisors raised its position in shares of iShares Latin America 40 ETF by 2.3% in the 4th quarter. Carrera Capital Advisors now owns 412,471 shares of the company’s stock worth $12,643,000 after purchasing an additional 9,125 shares during the last quarter. UBS Group AG grew its position in iShares Latin America 40 ETF by 82.2% during the 4th quarter. UBS Group AG now owns 321,422 shares of the company’s stock valued at $9,787,000 after purchasing an additional 145,051 shares during the last quarter. Sanctuary Advisors LLC increased its stake in iShares Latin America 40 ETF by 25.5% during the 4th quarter. Sanctuary Advisors LLC now owns 73,216 shares of the company’s stock valued at $2,229,000 after purchasing an additional 14,879 shares in the last quarter. Riggs Asset Managment Co. Inc. bought a new stake in iShares Latin America 40 ETF during the 4th quarter valued at about $2,137,000. Finally, Gold Investment Management Ltd. raised its holdings in iShares Latin America 40 ETF by 3.5% in the fourth quarter. Gold Investment Management Ltd. now owns 12,154 shares of the company’s stock worth $370,000 after buying an additional 413 shares during the last quarter. 45.01% of the stock is owned by hedge funds and other institutional investors.

About iShares Latin America 40 ETF

iShares S & P Latin America 40 Index Fund, formerly iShares Latin America 40 ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Latin America 40 (the Index). The Index consists of selected equities trading on the exchanges of five Latin American countries. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).