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

iShares Latin America 40 ETF (NYSEARCA:ILF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,563,564 shares, a growth of 117.0% from the August 15th total of 1,181,258 shares. Based on an average trading volume of 2,566,521 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.4% of the company’s shares are short sold.

Institutional Trading of iShares Latin America 40 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new position in iShares Latin America 40 ETF during the 2nd quarter worth about $29,000. Van Den Berg Management I Inc. acquired a new position in shares of iShares Latin America 40 ETF in the fourth quarter worth approximately $40,000. Group One Trading LLC boosted its holdings in iShares Latin America 40 ETF by 1,640.0% in the first quarter. Group One Trading LLC now owns 1,740 shares of the company’s stock valued at $62,000 after acquiring an additional 1,640 shares during the last quarter. Comerica Bank boosted its holdings in iShares Latin America 40 ETF by 258.0% in the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after acquiring an additional 2,188 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in iShares Latin America 40 ETF in the first quarter valued at approximately $89,000. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Stock Down 1.2%

NYSEARCA ILF traded down $0.42 on Monday, hitting $35.55. The company’s stock had a trading volume of 2,154,700 shares, compared to its average volume of 3,331,991. iShares Latin America 40 ETF has a 1-year low of $27.16 and a 1-year high of $38.50. The company’s 50-day moving average is $34.73 and its 200 day moving average is $34.99. The firm has a market cap of $3.87 billion, a PE ratio of 10.28 and a beta of 0.68.

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).