iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) Short Interest Update

iShares ESG MSCI EM Leaders ETF (NASDAQ:LDEM) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 83,700 shares, a growth of 9.7% from the August 15th total of 76,300 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 16.4 days.

Institutional Investors Weigh In On iShares ESG MSCI EM Leaders ETF

A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its stake in shares of iShares ESG MSCI EM Leaders ETF by 125.0% during the 3rd quarter. Jane Street Group LLC now owns 306,072 shares of the company’s stock worth $12,472,000 after purchasing an additional 170,056 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares ESG MSCI EM Leaders ETF by 35.1% in the second quarter. JPMorgan Chase & Co. now owns 247,505 shares of the company’s stock worth $11,078,000 after acquiring an additional 64,312 shares in the last quarter. Bank of Montreal Can acquired a new stake in iShares ESG MSCI EM Leaders ETF in the second quarter worth about $6,689,000. Citadel Advisors LLC purchased a new stake in shares of iShares ESG MSCI EM Leaders ETF during the third quarter worth about $1,973,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares ESG MSCI EM Leaders ETF during the second quarter valued at about $1,978,000.

iShares ESG MSCI EM Leaders ETF Price Performance

Shares of NASDAQ LDEM opened at $43.81 on Tuesday. The stock has a market capitalization of $52.57 million, a P/E ratio of 11.23 and a beta of 0.78. iShares ESG MSCI EM Leaders ETF has a 1-year low of $38.70 and a 1-year high of $48.74. The business has a fifty day moving average price of $44.92 and a 200 day moving average price of $44.88.

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.