iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Short Interest Update

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 79,951 shares, an increase of 83.5% from the June 15th total of 43,570 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 333,899 shares, the short-interest ratio is currently 0.2 days.

iShares MSCI Global Silver and Metals Miners ETF Stock Performance

Shares of iShares MSCI Global Silver and Metals Miners ETF stock opened at $29.00 on Friday. The stock has a market capitalization of $524.90 million, a PE ratio of 26.00 and a beta of 0.76. iShares MSCI Global Silver and Metals Miners ETF has a 52 week low of $17.42 and a 52 week high of $50.15. The stock has a 50 day moving average price of $33.43 and a two-hundred day moving average price of $37.10.

Institutional Trading of iShares MSCI Global Silver and Metals Miners ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in iShares MSCI Global Silver and Metals Miners ETF by 69.8% during the third quarter. JPMorgan Chase & Co. now owns 1,022 shares of the company’s stock worth $28,000 after buying an additional 420 shares during the last quarter. Main Street Group LTD bought a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the first quarter valued at $56,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI Global Silver and Metals Miners ETF during the fourth quarter valued at about $86,000. EverSource Wealth Advisors LLC acquired a new position in shares of iShares MSCI Global Silver and Metals Miners ETF during the second quarter valued at about $114,000. Finally, Jeppson Wealth Management LLC bought a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF during the fourth quarter worth about $215,000.

iShares MSCI Global Silver and Metals Miners ETF Company Profile

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.