iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Short Interest Up 556.2% in April

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 958 shares, an increase of 556.2% from the April 15th total of 146 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,280 shares, the days-to-cover ratio is presently 0.7 days.

iShares ESG MSCI EM Leaders ETF Trading Down 2.6%

NASDAQ:LDEM traded down $1.62 during trading hours on Tuesday, hitting $61.85. 1,150 shares of the company traded hands, compared to its average volume of 2,633. The stock has a market capitalization of $34.02 million, a price-to-earnings ratio of 14.34 and a beta of 0.66. The firm has a 50-day moving average of $60.08 and a 200 day moving average of $60.28. iShares ESG MSCI EM Leaders ETF has a twelve month low of $50.60 and a twelve month high of $64.73.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in iShares ESG MSCI EM Leaders ETF by 2.6% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 22,992 shares of the company’s stock valued at $1,336,000 after buying an additional 577 shares during the period. Farther Finance Advisors LLC increased its holdings in iShares ESG MSCI EM Leaders ETF by 297.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,083 shares of the company’s stock valued at $179,000 after buying an additional 2,307 shares during the period. Integrity Advisory Solutions LLC increased its holdings in iShares ESG MSCI EM Leaders ETF by 12.9% in the 4th quarter. Integrity Advisory Solutions LLC now owns 7,421 shares of the company’s stock valued at $431,000 after buying an additional 848 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of iShares ESG MSCI EM Leaders ETF by 13.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 15,550 shares of the company’s stock worth $904,000 after purchasing an additional 1,840 shares during the last quarter. Finally, OLD Mission Capital LLC grew its holdings in shares of iShares ESG MSCI EM Leaders ETF by 131.3% in the 4th quarter. OLD Mission Capital LLC now owns 60,501 shares of the company’s stock worth $3,516,000 after purchasing an additional 34,347 shares during the last quarter.

iShares ESG MSCI EM Leaders ETF Company Profile

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.