iShares Health Innovation Active ETF (NYSEARCA:BMED) Short Interest Update

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

iShares Health Innovation Active ETF Stock Up 1.1%

Shares of NYSEARCA:BMED traded up $0.36 during midday trading on Wednesday, reaching $33.57. The company’s stock had a trading volume of 524 shares, compared to its average volume of 3,300. The firm has a market capitalization of $33.54 million, a PE ratio of 24.91 and a beta of 0.74. iShares Health Innovation Active ETF has a twelve month low of $25.79 and a twelve month high of $34.86. The stock has a fifty day moving average of $32.32 and a 200 day moving average of $30.09.

iShares Health Innovation Active ETF Company Profile

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.