iShares Global 100 ETF (NYSEARCA:IOO) Short Interest Update

iShares Global 100 ETF (NYSEARCA:IOO) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,112,994 shares, a growth of 198.4% from the June 15th total of 372,994 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily trading volume, of 335,010 shares, the days-to-cover ratio is presently 3.3 days.

iShares Global 100 ETF Stock Up 0.6%

NYSEARCA IOO traded up $0.80 during trading on Tuesday, reaching $138.95. 190,656 shares of the stock traded hands, compared to its average volume of 194,392. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of 24.21 and a beta of 0.96. The stock’s 50-day moving average price is $139.27 and its 200 day moving average price is $131.41. iShares Global 100 ETF has a fifty-two week low of $109.21 and a fifty-two week high of $144.78.

Hedge Funds Weigh In On iShares Global 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of IOO. CWM LLC lifted its position in iShares Global 100 ETF by 7.1% in the 4th quarter. CWM LLC now owns 1,279 shares of the company’s stock valued at $162,000 after acquiring an additional 85 shares in the last quarter. Powell Investment Advisors LLC boosted its position in shares of iShares Global 100 ETF by 0.3% during the first quarter. Powell Investment Advisors LLC now owns 29,609 shares of the company’s stock worth $3,582,000 after buying an additional 87 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of iShares Global 100 ETF by 1.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the company’s stock worth $692,000 after buying an additional 90 shares in the last quarter. KPP Advisory Services LLC lifted its stake in iShares Global 100 ETF by 1.1% in the 1st quarter. KPP Advisory Services LLC now owns 8,846 shares of the company’s stock valued at $1,070,000 after acquiring an additional 94 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in iShares Global 100 ETF by 1.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 10,071 shares of the company’s stock worth $1,276,000 after acquiring an additional 114 shares during the last quarter.

iShares Global 100 ETF Company Profile

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.