iShares Latin America 40 ETF (NYSEARCA:ILF) Sees Significant Growth in Short Interest

iShares Latin America 40 ETF (NYSEARCA:ILF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,292,096 shares, an increase of 139.1% from the July 15th total of 958,580 shares. Currently, 2.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,149,476 shares, the short-interest ratio is currently 1.1 days.

iShares Latin America 40 ETF Stock Performance

Shares of iShares Latin America 40 ETF stock traded up $0.18 during mid-day trading on Friday, hitting $33.60. 2,100,396 shares of the stock were exchanged, compared to its average volume of 3,404,680. iShares Latin America 40 ETF has a 12 month low of $25.71 and a 12 month high of $38.50. The company has a 50-day simple moving average of $34.17 and a 200 day simple moving average of $35.16. The company has a market capitalization of $3.65 billion, a P/E ratio of 10.28 and a beta of 0.68.

Institutional Trading of iShares Latin America 40 ETF

Hedge funds have recently bought and sold shares of the business. Van Den Berg Management I Inc. purchased a new position in iShares Latin America 40 ETF in the fourth quarter worth $40,000. Private Trust Co. NA increased its position in shares of iShares Latin America 40 ETF by 61.4% during the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock valued at $58,000 after purchasing an additional 726 shares during the last quarter. Group One Trading LLC raised its stake in shares of iShares Latin America 40 ETF by 1,640.0% during the 1st quarter. Group One Trading LLC now owns 1,740 shares of the company’s stock worth $62,000 after purchasing an additional 1,640 shares during the period. Comerica Bank raised its stake in shares of iShares Latin America 40 ETF by 258.0% during the 1st quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after purchasing an additional 2,188 shares during the period. Finally, Fifth Third Bancorp purchased a new position in shares of iShares Latin America 40 ETF in the 1st quarter worth about $89,000. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Company Profile

iShares S & P Latin America 40 Index Fund, formerly iShares Latin America 40 ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Latin America 40 (the Index). The Index consists of selected equities trading on the exchanges of five Latin American countries. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).