iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Sees Large Drop in Short Interest

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 15,113 shares, a decline of 38.1% from the June 30th total of 24,429 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 341,416 shares, the short-interest ratio is presently 0.0 days.

iShares Currency Hedged MSCI Emerging Markets ETF Stock Up 3.5%

Shares of HEEM opened at $40.53 on Friday. The stock has a market cap of $229.40 million, a PE ratio of 13.80 and a beta of 0.53. iShares Currency Hedged MSCI Emerging Markets ETF has a 12-month low of $30.18 and a 12-month high of $46.49. The business has a 50-day simple moving average of $43.13 and a two-hundred day simple moving average of $40.30.

Institutional Trading of iShares Currency Hedged MSCI Emerging Markets ETF

Several hedge funds and other institutional investors have recently made changes to their positions in HEEM. Ameriprise Financial Inc. raised its holdings in 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 last quarter. Flow Traders U.S. LLC acquired a new stake in iShares Currency Hedged MSCI Emerging Markets ETF during the 3rd quarter worth approximately $204,000. Finally, Jones Financial Companies Lllp bought a new stake in iShares Currency Hedged MSCI Emerging Markets ETF during the 1st quarter worth approximately $299,000.

iShares Currency Hedged MSCI Emerging Markets ETF Company Profile

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.