iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Sees Significant Decline in Short Interest

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEMGet Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 7,884 shares, a decrease of 82.9% from the April 15th total of 46,127 shares. Based on an average daily volume of 15,805 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

A number of hedge funds have recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the 3rd quarter worth $204,000. Ameriprise Financial Inc. raised its stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the 3rd 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 period. Finally, Jones Financial Companies Lllp bought a new stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the 1st quarter worth $299,000.

iShares Currency Hedged MSCI Emerging Markets ETF Stock Performance

Shares of HEEM stock opened at $43.44 on Tuesday. The company has a market capitalization of $245.87 million, a price-to-earnings ratio of 13.80 and a beta of 0.53. The company has a 50-day simple moving average of $38.68 and a two-hundred day simple moving average of $36.96. iShares Currency Hedged MSCI Emerging Markets ETF has a 52-week low of $28.41 and a 52-week high of $43.57.

iShares Currency Hedged MSCI Emerging Markets ETF Company Profile

(Get Free Report)

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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