iShares Latin America 40 ETF (NYSEARCA:ILF – Get Free Report) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 2,034,776 shares, an increase of 92.6% from the February 26th total of 1,056,550 shares. Based on an average daily trading volume, of 4,653,496 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.8% of the shares of the stock are sold short.
iShares Latin America 40 ETF Trading Down 2.0%
Shares of ILF stock traded down $0.71 during trading hours on Thursday, reaching $34.10. The stock had a trading volume of 1,972,258 shares, compared to its average volume of 4,491,923. The stock’s fifty day simple moving average is $35.19 and its 200 day simple moving average is $31.65. The firm has a market capitalization of $3.88 billion, a PE ratio of 10.28 and a beta of 0.90. iShares Latin America 40 ETF has a 12 month low of $20.97 and a 12 month high of $37.42.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its position in iShares Latin America 40 ETF by 32.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 14,260 shares of the company’s stock valued at $434,000 after purchasing an additional 3,512 shares during the last quarter. World Investment Advisors bought a new position in shares of iShares Latin America 40 ETF in the 4th quarter worth $881,000. Corecam Pte. Ltd. raised its position in shares of iShares Latin America 40 ETF by 20.5% during the 4th quarter. Corecam Pte. Ltd. now owns 197,630 shares of the company’s stock valued at $6,018,000 after buying an additional 33,680 shares in the last quarter. Kera Capital Partners Inc. raised its position in shares of iShares Latin America 40 ETF by 11.8% during the 4th quarter. Kera Capital Partners Inc. now owns 323,234 shares of the company’s stock valued at $9,842,000 after buying an additional 34,080 shares in the last quarter. Finally, Corecam AG purchased a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at $2,674,000. 45.01% of the stock is 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).
Featured Stories
Receive News & Ratings for iShares Latin America 40 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Latin America 40 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
