iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Short Interest Update

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,007 shares, a growth of 176.6% from the May 14th total of 364 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,933 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Institutional investors have recently added to or reduced their stakes in the stock. Morling Financial Advisors LLC acquired a new stake in iShares ESG MSCI EM Leaders ETF during the fourth quarter valued at approximately $27,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares ESG MSCI EM Leaders ETF by 297.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,083 shares of the company’s stock worth $179,000 after acquiring an additional 2,307 shares in the last quarter. Pathfinder Wealth Consulting Inc. acquired a new position in shares of iShares ESG MSCI EM Leaders ETF in the 4th quarter worth approximately $276,000. Jane Street Group LLC boosted its holdings in shares of iShares ESG MSCI EM Leaders ETF by 12.0% in the 4th quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock worth $338,000 after acquiring an additional 625 shares in the last quarter. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of iShares ESG MSCI EM Leaders ETF in the 3rd quarter worth approximately $387,000.

iShares ESG MSCI EM Leaders ETF Stock Performance

NASDAQ LDEM traded up $0.14 during trading on Friday, reaching $61.37. 741 shares of the company traded hands, compared to its average volume of 2,424. The stock’s 50 day moving average price is $61.39 and its two-hundred day moving average price is $60.57. The company has a market cap of $33.75 million, a price-to-earnings ratio of 14.34 and a beta of 0.65. iShares ESG MSCI EM Leaders ETF has a 1-year low of $51.66 and a 1-year high of $64.73.

About iShares ESG MSCI EM Leaders ETF

The iShares ESG MSCI EM Leaders ETF (LDEM) is an exchange-traded fund that is based on the MSCI EM Extended ESG Leaders index. The fund tracks a tier-weighted index composed of large- and mid-cap emerging-market stocks with high environmental, social, and governance traits relative to their sector peers. LDEM was launched on Feb 5, 2020 and is managed by BlackRock.