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

iShares Latin America 40 ETF (NYSEARCA:ILF) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,181,258 shares, a drop of 48.5% from the July 30th total of 2,292,096 shares. Based on an average daily volume of 3,149,366 shares, the short-interest ratio is presently 0.4 days. Currently, 1.1% of the shares of the company are sold short.

iShares Latin America 40 ETF Trading Down 0.9%

Shares of NYSEARCA:ILF traded down $0.30 during mid-day trading on Friday, reaching $34.65. The company had a trading volume of 1,393,820 shares, compared to its average volume of 3,339,062. iShares Latin America 40 ETF has a one year low of $26.59 and a one year high of $38.50. The company’s 50-day moving average price is $34.27 and its 200-day moving average price is $35.03. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68.

Institutional Trading of iShares Latin America 40 ETF

Several hedge funds have recently made changes to their positions in ILF. Trek Financial LLC bought a new position in iShares Latin America 40 ETF in the 4th quarter worth about $13,733,000. Nwam LLC bought a new stake in shares of iShares Latin America 40 ETF during the fourth quarter valued at about $3,901,000. Oppenheimer & Co. Inc. increased its position in shares of iShares Latin America 40 ETF by 181.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 44,366 shares of the company’s stock valued at $1,351,000 after buying an additional 28,582 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of iShares Latin America 40 ETF by 273.8% in the first quarter. Apollon Wealth Management LLC now owns 34,168 shares of the company’s stock worth $1,214,000 after buying an additional 25,027 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of iShares Latin America 40 ETF by 24.8% in the fourth quarter. HighTower Advisors LLC now owns 658,396 shares of the company’s stock worth $20,048,000 after buying an additional 130,929 shares in the last quarter. 45.01% of the stock is currently 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).