Short Interest in iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Decreases By 33.1%

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 38,720 shares, a decrease of 33.1% from the July 30th total of 57,910 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 163,453 shares, the short-interest ratio is presently 0.2 days.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

BATS HEEM opened at $42.28 on Tuesday. iShares Currency Hedged MSCI Emerging Markets ETF has a 1 year low of $30.88 and a 1 year high of $46.49. The stock has a market capitalization of $239.30 million, a PE ratio of 13.80 and a beta of 0.53. The business’s 50-day moving average is $42.18 and its 200 day moving average is $41.00.

Hedge Funds Weigh In On iShares Currency Hedged MSCI Emerging Markets ETF

Several hedge funds have recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new position in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the third quarter valued at approximately $204,000. Jones Financial Companies Lllp purchased a new position in iShares Currency Hedged MSCI Emerging Markets ETF during the first quarter valued at $299,000. Finally, Ameriprise Financial Inc. boosted its stake in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% during the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock worth $884,000 after acquiring an additional 1,146 shares in the last quarter.

About iShares Currency Hedged MSCI Emerging Markets ETF

The iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of broad emerging market equities with currency exposure from the underlying stocks hedged out for USD investors. HEEM was launched on Sep 23, 2014 and is managed by BlackRock.