iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Short Interest Up 556.2% in April

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 958 shares, a growth of 556.2% from the April 15th total of 146 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,280 shares, the days-to-cover ratio is presently 0.7 days.

iShares ESG MSCI EM Leaders ETF Trading Up 0.0%

NASDAQ:LDEM traded up $0.02 during trading hours on Thursday, reaching $63.06. 1,459 shares of the company traded hands, compared to its average volume of 2,620. The business’s 50-day moving average price is $60.09 and its two-hundred day moving average price is $60.32. The stock has a market capitalization of $34.68 million, a P/E ratio of 14.34 and a beta of 0.66. iShares ESG MSCI EM Leaders ETF has a 1 year low of $50.60 and a 1 year high of $64.73.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Morling Financial Advisors LLC purchased a new position in iShares ESG MSCI EM Leaders ETF during the fourth quarter valued at $27,000. Farther Finance Advisors LLC purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the third quarter worth $46,000. Flagship Harbor Advisors LLC purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the third quarter worth $212,000. Pathfinder Wealth Consulting Inc. purchased a new position in shares of iShares ESG MSCI EM Leaders ETF in the fourth quarter worth $276,000. Finally, Jane Street Group LLC raised its stake in shares of iShares ESG MSCI EM Leaders ETF by 12.0% in the fourth quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock worth $338,000 after purchasing an additional 625 shares during the last quarter.

iShares ESG MSCI EM Leaders ETF Company Profile

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.