iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Sees Significant Decline in Short Interest

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 1,500 shares, a decrease of 80.3% from the September 15th total of 7,600 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is currently 0.2 days.

Shares of LDEM opened at $62.15 on Thursday. The firm has a fifty day simple moving average of $62.15 and a two-hundred day simple moving average of $63.30. iShares ESG MSCI EM Leaders ETF has a 1-year low of $52.19 and a 1-year high of $68.18.

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Holdings Inc. raised its stake in iShares ESG MSCI EM Leaders ETF by 142.1% during the 2nd quarter. Advisor Group Holdings Inc. now owns 840 shares of the company’s stock valued at $55,000 after buying an additional 493 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF in the 3rd quarter worth $103,000. Commonwealth Equity Services LLC purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF in the 2nd quarter worth $221,000. Royal Bank of Canada purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF in the 2nd quarter worth $245,000. Finally, Capital Analysts LLC purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF in the 2nd quarter worth $264,000.

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