iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Update

iShares Latin America 40 ETF (NYSEARCA:ILF) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,181,258 shares, a decline of 48.5% from the July 30th total of 2,292,096 shares. Based on an average daily volume of 3,149,366 shares, the short-interest ratio is currently 0.4 days. Approximately 1.1% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Hedge funds have recently added to or reduced their stakes in the company. Van Den Berg Management I Inc. bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at $40,000. Group One Trading LLC grew its holdings in shares of iShares Latin America 40 ETF by 1,640.0% during the first quarter. Group One Trading LLC now owns 1,740 shares of the company’s stock worth $62,000 after buying an additional 1,640 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of iShares Latin America 40 ETF during the 1st quarter worth approximately $89,000. Comerica Bank increased its stake in iShares Latin America 40 ETF by 258.0% in the 1st quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after buying an additional 2,188 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares Latin America 40 ETF in the fourth quarter valued at about $94,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

ILF traded up $0.25 during mid-day trading on Monday, reaching $34.90. The stock had a trading volume of 5,010,139 shares, compared to its average volume of 3,349,130. The stock has a market capitalization of $3.80 billion, a P/E ratio of 10.28 and a beta of 0.68. The firm’s fifty day simple moving average is $34.29 and its two-hundred day simple moving average is $35.01. iShares Latin America 40 ETF has a 52 week low of $26.59 and a 52 week high of $38.50.

iShares Latin America 40 ETF Company Profile

iShares S & P Latin America 40 Index Fund, formerly iShares Latin America 40 ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Latin America 40 (the Index). The Index consists of selected equities trading on the exchanges of five Latin American countries. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).