iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Down 52.8% in February

iShares Latin America 40 ETF (NYSEARCA:ILF) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,056,550 shares, a decrease of 52.8% from the February 12th total of 2,239,415 shares. Based on an average daily volume of 5,322,368 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 5,322,368 shares, the days-to-cover ratio is presently 0.2 days.

iShares Latin America 40 ETF Stock Down 3.5%

ILF stock traded down $1.24 during trading on Thursday, hitting $33.69. The company had a trading volume of 4,023,041 shares, compared to its average volume of 4,758,634. The firm has a 50-day moving average price of $34.78 and a 200-day moving average price of $31.17. iShares Latin America 40 ETF has a 12 month low of $20.97 and a 12 month high of $37.42. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90.

Institutional Investors Weigh In On iShares Latin America 40 ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Game Plan Financial Advisors LLC bought a new position in iShares Latin America 40 ETF in the fourth quarter valued at approximately $36,000. Van Den Berg Management I Inc. bought a new position in iShares Latin America 40 ETF during the fourth quarter worth about $40,000. Private Trust Co. NA boosted its holdings in iShares Latin America 40 ETF by 61.4% during the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after buying an additional 726 shares during the last quarter. IFP Advisors Inc grew its position in shares of iShares Latin America 40 ETF by 1,095.3% during the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after buying an additional 2,103 shares during the period. Finally, Sound Income Strategies LLC grew its position in shares of iShares Latin America 40 ETF by 35.7% during the 3rd quarter. Sound Income Strategies LLC now owns 2,553 shares of the company’s stock worth $71,000 after buying an additional 671 shares during the period. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Company Profile

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).