iShares Health Innovation Active ETF (NYSEARCA:BMED – Get 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
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
- Five stocks we like better than iShares Health Innovation Active ETF
- Enterprise AI to Boost Broadcom’s Software Business? What Industry Data Shows
- IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
- This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch
- Analysts See Double-Digit Upside for These 3 Stocks
Receive News & Ratings for iShares Health Innovation Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Health Innovation Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
