iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Short Interest Down 38.1% in July

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEMGet Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 15,113 shares, a decrease of 38.1% from the June 30th total of 24,429 shares. Based on an average daily volume of 341,416 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

Several hedge funds have recently modified their holdings of HEEM. Flow Traders U.S. LLC acquired a new position in iShares Currency Hedged MSCI Emerging Markets ETF during the third quarter valued at approximately $204,000. Ameriprise Financial Inc. grew its stake in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% in the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock valued at $884,000 after purchasing an additional 1,146 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the 1st quarter worth approximately $299,000.

iShares Currency Hedged MSCI Emerging Markets ETF Trading Down 2.3%

iShares Currency Hedged MSCI Emerging Markets ETF stock opened at $39.16 on Thursday. iShares Currency Hedged MSCI Emerging Markets ETF has a 1-year low of $30.18 and a 1-year high of $46.49. The company has a fifty day simple moving average of $43.17 and a 200 day simple moving average of $40.27. The company has a market cap of $221.65 million, a P/E ratio of 13.80 and a beta of 0.53.

About iShares Currency Hedged MSCI Emerging Markets ETF

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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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