iShares Latin America 40 ETF (NYSEARCA:ILF) Short Interest Down 52.8% in February

iShares Latin America 40 ETF (NYSEARCA:ILF) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 1,056,550 shares, a decline of 52.8% from the February 12th total of 2,239,415 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 5,322,368 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 5,322,368 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.9% of the company’s stock are short sold.

iShares Latin America 40 ETF Price Performance

ILF stock traded down $1.24 during trading hours on Thursday, reaching $33.69. 4,023,041 shares of the stock were exchanged, compared to its average volume of 4,758,634. The firm’s 50-day moving average is $34.78 and its 200-day moving average is $31.17. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90. iShares Latin America 40 ETF has a 12 month low of $20.97 and a 12 month high of $37.42.

Institutional Trading of iShares Latin America 40 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ILF. Game Plan Financial Advisors LLC bought a new stake in shares of iShares Latin America 40 ETF in the fourth quarter worth $36,000. Van Den Berg Management I Inc. bought a new position in iShares Latin America 40 ETF in the fourth quarter valued at $40,000. Private Trust Co. NA grew its position in iShares Latin America 40 ETF by 61.4% in the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock valued at $58,000 after purchasing an additional 726 shares in the last quarter. IFP Advisors Inc increased its stake in iShares Latin America 40 ETF by 1,095.3% in the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock valued at $66,000 after buying an additional 2,103 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in iShares Latin America 40 ETF by 35.7% during the 3rd quarter. Sound Income Strategies LLC now owns 2,553 shares of the company’s stock worth $71,000 after buying an additional 671 shares in the last quarter. 45.01% of the stock is currently owned by institutional investors and hedge funds.

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).