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

iShares Latin America 40 ETF (NYSEARCA:ILF) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 566,003 shares, a drop of 88.2% from the April 15th total of 4,803,174 shares. Based on an average daily trading volume, of 2,918,490 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s shares are sold short.

iShares Latin America 40 ETF Stock Down 0.6%

ILF traded down $0.21 during midday trading on Tuesday, hitting $36.02. The company had a trading volume of 1,749,826 shares, compared to its average volume of 4,075,994. iShares Latin America 40 ETF has a 52 week low of $24.67 and a 52 week high of $38.50. The company has a market capitalization of $4.92 billion, a price-to-earnings ratio of 10.28 and a beta of 0.70. The stock’s 50 day moving average price is $35.66 and its 200 day moving average price is $33.46.

Institutional Investors Weigh In On iShares Latin America 40 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC bought a new stake in iShares Latin America 40 ETF in the fourth quarter valued at $36,000. Van Den Berg Management I Inc. bought a new stake in iShares Latin America 40 ETF in the fourth quarter valued at $40,000. Private Trust Co. NA increased its stake in iShares Latin America 40 ETF by 61.4% in the fourth 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 in the last quarter. IFP Advisors Inc increased its position in shares of iShares Latin America 40 ETF by 1,095.3% during the third quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after acquiring an additional 2,103 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of iShares Latin America 40 ETF during the first quarter worth about $89,000. 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).