iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Short Interest Update

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 7,884 shares, a decrease of 82.9% from the April 15th total of 46,127 shares. Based on an average trading volume of 15,805 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HEEM. Jones Financial Companies Lllp bought a new position in iShares Currency Hedged MSCI Emerging Markets ETF during the 1st quarter worth $299,000. Ameriprise Financial Inc. increased its position in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock worth $884,000 after buying an additional 1,146 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in iShares Currency Hedged MSCI Emerging Markets ETF during the 3rd quarter worth $204,000.

iShares Currency Hedged MSCI Emerging Markets ETF Stock Performance

HEEM traded up $0.86 during trading hours on Wednesday, reaching $43.10. The company’s stock had a trading volume of 48,653 shares, compared to its average volume of 32,141. iShares Currency Hedged MSCI Emerging Markets ETF has a 52 week low of $28.41 and a 52 week high of $43.57. The company’s 50-day moving average is $38.73 and its 200-day moving average is $37.01. The firm has a market cap of $243.95 million, a PE ratio of 13.80 and a beta of 0.53.

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.