iShares Health Innovation Active ETF (NYSEARCA:BMED) Short Interest Up 98.5% in August

iShares Health Innovation Active ETF (NYSEARCA:BMEDGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,275 shares, a growth of 98.5% from the August 15th total of 2,154 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,654 shares, the days-to-cover ratio is currently 1.6 days.

iShares Health Innovation Active ETF Stock Performance

Shares of NYSEARCA:BMED opened at $33.56 on Thursday. The company has a market capitalization of $33.53 million, a P/E ratio of 24.91 and a beta of 0.74. The company’s 50-day moving average is $32.37 and its 200 day moving average is $30.11. iShares Health Innovation Active ETF has a fifty-two week low of $25.79 and a fifty-two week high of $34.86.

About iShares Health Innovation Active ETF

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The BlackRock Future Health ETF (BMED) is an exchange-traded fund that is based on the MSCI All Country World index. The fund is actively managed to invest in global equities in the health sciences industry. BMED was launched on Sep 29, 2020 and is managed by BlackRock.

Further Reading

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