Short Interest in iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Expands By 556.2%

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 958 shares, a growth of 556.2% from the April 15th total of 146 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,280 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Morling Financial Advisors LLC acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF in the fourth quarter worth $27,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF in the third quarter worth $46,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares ESG MSCI EM Leaders ETF in the third quarter worth $212,000. Pathfinder Wealth Consulting Inc. acquired a new position in iShares ESG MSCI EM Leaders ETF during the 4th quarter valued at $276,000. Finally, Jane Street Group LLC raised its stake in iShares ESG MSCI EM Leaders ETF by 12.0% during the 4th quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock valued at $338,000 after purchasing an additional 625 shares during the last quarter.

iShares ESG MSCI EM Leaders ETF Stock Down 2.6%

LDEM stock traded down $1.62 during trading hours on Tuesday, hitting $61.85. The company’s stock had a trading volume of 1,150 shares, compared to its average volume of 2,633. The stock has a 50 day moving average price of $60.08 and a two-hundred day moving average price of $60.28. iShares ESG MSCI EM Leaders ETF has a 12 month low of $50.60 and a 12 month high of $64.73. The company has a market capitalization of $34.02 million, a PE ratio of 14.34 and a beta of 0.66.

iShares ESG MSCI EM Leaders ETF Company Profile

The iShares ESG MSCI EM Leaders ETF (LDEM) is an exchange-traded fund that is based on the MSCI EM Extended ESG Leaders index. The fund tracks a tier-weighted index composed of large- and mid-cap emerging-market stocks with high environmental, social, and governance traits relative to their sector peers. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.