iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Short Interest Up 176.6% in May

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,007 shares, an increase of 176.6% from the May 14th total of 364 shares. Based on an average trading volume of 1,933 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of iShares ESG MSCI EM Leaders ETF

Several institutional investors have recently made changes to their positions in the company. CI Investments Inc. grew its stake in shares of iShares ESG MSCI EM Leaders ETF by 7.7% in the 1st quarter. CI Investments Inc. now owns 12,540 shares of the company’s stock worth $727,000 after acquiring an additional 900 shares in the last quarter. OLD Mission Capital LLC grew its position in iShares ESG MSCI EM Leaders ETF by 131.3% during the fourth quarter. OLD Mission Capital LLC now owns 60,501 shares of the company’s stock valued at $3,516,000 after buying an additional 34,347 shares during the period. Osaic Holdings Inc. grew its position in iShares ESG MSCI EM Leaders ETF by 12.1% during the fourth quarter. Osaic Holdings Inc. now owns 7,537 shares of the company’s stock valued at $438,000 after buying an additional 814 shares during the period. Jane Street Group LLC grew its position in iShares ESG MSCI EM Leaders ETF by 12.0% during the fourth quarter. Jane Street Group LLC now owns 5,824 shares of the company’s stock valued at $338,000 after buying an additional 625 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in iShares ESG MSCI EM Leaders ETF by 13.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 15,550 shares of the company’s stock valued at $904,000 after buying an additional 1,840 shares during the period.

iShares ESG MSCI EM Leaders ETF Price Performance

Shares of NASDAQ LDEM traded up $0.14 during trading on Friday, hitting $61.37. The stock had a trading volume of 741 shares, compared to its average volume of 2,424. iShares ESG MSCI EM Leaders ETF has a 12 month low of $51.66 and a 12 month high of $64.73. The company has a market capitalization of $33.75 million, a PE ratio of 14.34 and a beta of 0.65. The firm has a fifty day moving average of $61.39 and a two-hundred day moving average of $60.57.

About iShares ESG MSCI EM Leaders ETF

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.