Short Interest in iShares Health Innovation Active ETF (NYSEARCA:BMED) Grows By 42.2%

iShares Health Innovation Active ETF (NYSEARCA:BMED) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,335 shares, an increase of 42.2% from the December 31st total of 4,455 shares. Based on an average daily trading volume, of 4,774 shares, the short-interest ratio is currently 1.3 days. Currently, 2.6% of the company’s shares are short sold. Currently, 2.6% of the company’s shares are short sold. Based on an average daily trading volume, of 4,774 shares, the short-interest ratio is currently 1.3 days.

iShares Health Innovation Active ETF Stock Performance

iShares Health Innovation Active ETF stock opened at $31.31 on Tuesday. The company’s 50 day simple moving average is $30.84 and its 200-day simple moving average is $28.29. iShares Health Innovation Active ETF has a 1 year low of $20.57 and a 1 year high of $32.19. The company has a market capitalization of $8.77 million, a price-to-earnings ratio of 24.91 and a beta of 0.84.

About iShares Health Innovation Active ETF

The BlackRock Future Health ETF (BMED) is an exchange-traded fund that is based on the MSCI All Country World index. The fund is actively managed to invest in global equities in the health sciences industry. BMED was launched on Sep 29, 2020 and is managed by BlackRock.