iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) Short Interest Update

iShares Currency Hedged MSCI Emerging Markets ETF (BATS:HEEM) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 14,663 shares, a decrease of 92.4% from the May 31st total of 192,180 shares. Based on an average trading volume of 32,851 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

iShares Currency Hedged MSCI Emerging Markets ETF Price Performance

HEEM traded up $0.49 on Thursday, reaching $44.26. 350,928 shares of the stock were exchanged, compared to its average volume of 38,144. The company’s 50-day moving average price is $42.72 and its 200 day moving average price is $38.97. iShares Currency Hedged MSCI Emerging Markets ETF has a fifty-two week low of $29.80 and a fifty-two week high of $46.49. The firm has a market capitalization of $250.51 million, a PE ratio of 13.80 and a beta of 0.53.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. increased its holdings in iShares Currency Hedged MSCI Emerging Markets ETF by 4.6% in the third quarter. Ameriprise Financial Inc. now owns 26,248 shares of the company’s stock valued at $884,000 after buying an additional 1,146 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the 1st quarter valued at about $299,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares Currency Hedged MSCI Emerging Markets ETF during the 3rd quarter valued at about $204,000.

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.