iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Update

iShares Latin America 40 ETF (NYSEARCA:ILF) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,563,564 shares, a growth of 117.0% from the August 15th total of 1,181,258 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average daily volume of 2,566,521 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in shares of iShares Latin America 40 ETF in the second quarter valued at approximately $29,000. RFG Advisory LLC increased its stake in iShares Latin America 40 ETF by 3.7% in the 2nd quarter. RFG Advisory LLC now owns 11,690 shares of the company’s stock worth $395,000 after purchasing an additional 421 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of iShares Latin America 40 ETF by 415.0% in the second quarter. NewEdge Advisors LLC now owns 53,242 shares of the company’s stock worth $1,797,000 after acquiring an additional 42,904 shares in the last quarter. Baird Financial Group Inc. purchased a new position in iShares Latin America 40 ETF during the 2nd quarter worth approximately $1,508,000. Finally, Tucker Asset Management LLC grew its holdings in shares of iShares Latin America 40 ETF by 16.5% during the second quarter. Tucker Asset Management LLC now owns 5,599 shares of the company’s stock valued at $189,000 after buying an additional 792 shares in the last quarter. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Trading Down 0.1%

ILF traded down $0.04 during trading on Tuesday, reaching $35.51. 1,194,805 shares of the company were exchanged, compared to its average volume of 3,324,734. The firm has a 50 day moving average of $34.76 and a 200 day moving average of $34.98. The stock has a market cap of $3.86 billion, a P/E ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a 52 week low of $27.16 and a 52 week high of $38.50.

About iShares Latin America 40 ETF

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).