iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Down 33.3% in May

iShares Latin America 40 ETF (NYSEARCA:ILF) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 550,526 shares, a decrease of 33.3% from the May 14th total of 824,782 shares. Based on an average trading volume of 2,309,425 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of iShares Latin America 40 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ILF. Hsbc Holdings PLC lifted its holdings in shares of iShares Latin America 40 ETF by 8,903.8% during the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after acquiring an additional 2,439,632 shares during the period. CI Investments Inc. lifted its holdings in shares of iShares Latin America 40 ETF by 10,566.0% during the 4th quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock worth $64,956,000 after acquiring an additional 2,113,200 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter worth approximately $27,320,000. Marks Wealth LLC bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter worth approximately $20,700,000. Finally, Bank of Nova Scotia increased its position in iShares Latin America 40 ETF by 149.9% during the 1st quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock worth $39,332,000 after purchasing an additional 664,200 shares in the last quarter. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Trading Down 1.3%

Shares of iShares Latin America 40 ETF stock opened at $34.41 on Tuesday. The company has a 50 day moving average of $35.73 and a 200-day moving average of $34.30. iShares Latin America 40 ETF has a 1-year low of $24.67 and a 1-year high of $38.50. The company has a market cap of $4.70 billion, a PE ratio of 10.28 and a beta of 0.68.

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).