iShares Health Innovation Active ETF (NYSEARCA:BMED) Short Interest Down 84.6% in May

iShares Health Innovation Active ETF (NYSEARCA:BMED) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 568 shares, a decrease of 84.6% from the May 14th total of 3,688 shares. Based on an average trading volume of 4,094 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

iShares Health Innovation Active ETF Trading Up 1.6%

Shares of BMED traded up $0.44 on Thursday, reaching $28.61. The company’s stock had a trading volume of 179 shares, compared to its average volume of 4,042. iShares Health Innovation Active ETF has a twelve month low of $24.20 and a twelve month high of $32.19. The stock has a market capitalization of $10.30 million, a PE ratio of 24.91 and a beta of 0.75. The firm has a fifty day moving average of $28.38 and a 200-day moving average of $29.68.

Institutional Investors Weigh In On iShares Health Innovation Active ETF

A hedge fund recently bought a new stake in iShares Health Innovation Active ETF stock. Sunbelt Securities Inc. acquired a new stake in iShares Health Innovation Active ETF (NYSEARCA:BMED) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,612 shares of the company’s stock, valued at approximately $352,000. Sunbelt Securities Inc. owned about 3.63% of iShares Health Innovation Active ETF as of its most recent filing with the SEC.

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.