iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 57,910 shares, a growth of 283.2% from the July 15th total of 15,113 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average trading volume of 258,986 shares, the short-interest ratio is currently 0.2 days.
iShares Currency Hedged MSCI Emerging Markets ETF Price Performance
iShares Currency Hedged MSCI Emerging Markets ETF stock opened at $42.37 on Friday. iShares Currency Hedged MSCI Emerging Markets ETF has a fifty-two week low of $30.88 and a fifty-two week high of $46.49. The firm has a market capitalization of $239.81 million, a price-to-earnings ratio of 13.80 and a beta of 0.53. The company’s 50 day simple moving average is $42.64 and its 200 day simple moving average is $40.64.
Institutional Trading of iShares Currency Hedged MSCI Emerging Markets ETF
Large investors have recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock worth $884,000 after acquiring an additional 1,146 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF in the 1st quarter valued at approximately $299,000. Finally, Flow Traders U.S. LLC bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF during the 3rd quarter worth approximately $204,000.
About iShares Currency Hedged MSCI Emerging Markets ETF
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.
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