iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 57,910 shares, a growth of 283.2% from the July 15th total of 15,113 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 258,986 shares, the days-to-cover ratio is presently 0.2 days.
iShares Currency Hedged MSCI Emerging Markets ETF Price Performance
Shares of HEEM stock opened at $42.24 on Thursday. The stock has a market cap of $239.08 million, a PE ratio of 13.80 and a beta of 0.53. The stock has a 50-day moving average of $42.68 and a 200-day moving average of $40.60. iShares Currency Hedged MSCI Emerging Markets ETF has a one year low of $30.88 and a one year high of $46.49.
Institutional Investors Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF
Several large investors have recently bought and sold shares of the company. Flow Traders U.S. LLC acquired a new stake in iShares Currency Hedged MSCI Emerging Markets ETF in the third quarter worth $204,000. Jones Financial Companies Lllp acquired a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF in the 1st quarter valued at $299,000. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock valued at $884,000 after buying an additional 1,146 shares during the period.
About iShares Currency Hedged MSCI Emerging Markets ETF
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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