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

iShares Latin America 40 ETF (NYSEARCA:ILF) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 2,034,776 shares, a growth of 92.6% from the February 26th total of 1,056,550 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 4,653,496 shares, the short-interest ratio is currently 0.4 days.

iShares Latin America 40 ETF Trading Down 2.0%

Shares of ILF stock traded down $0.71 during trading on Thursday, reaching $34.10. 1,972,258 shares of the company’s stock traded hands, compared to its average volume of 4,491,923. The company has a market capitalization of $3.88 billion, a P/E ratio of 10.28 and a beta of 0.90. The firm’s 50-day moving average is $35.19 and its 200 day moving average is $31.65. iShares Latin America 40 ETF has a 1 year low of $20.97 and a 1 year high of $37.42.

Institutional Investors Weigh In On iShares Latin America 40 ETF

Several institutional investors have recently made changes to their positions in the stock. Game Plan Financial Advisors LLC purchased a new position in shares of iShares Latin America 40 ETF in the fourth quarter valued at $36,000. Van Den Berg Management I Inc. purchased a new stake in iShares Latin America 40 ETF during the 4th quarter worth about $40,000. Private Trust Co. NA boosted its stake in iShares Latin America 40 ETF by 61.4% in the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after purchasing an additional 726 shares during the period. IFP Advisors Inc boosted 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 worth $66,000 after purchasing an additional 2,103 shares during the period. Finally, Sound Income Strategies LLC grew its holdings 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 valued at $71,000 after buying an additional 671 shares in the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

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).