iShares MSCI World ETF (NYSEARCA:URTH) Short Interest Update

iShares MSCI World ETF (NYSEARCA:URTH) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 652,303 shares, an increase of 62.5% from the July 15th total of 401,488 shares. Based on an average daily volume of 401,179 shares, the short-interest ratio is presently 1.6 days. Currently, 1.7% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI World ETF

Several institutional investors have recently made changes to their positions in the stock. Assetmark Inc. purchased a new position in shares of iShares MSCI World ETF in the first quarter valued at $33,000. Tiff Advisory Services LLC purchased a new stake in iShares MSCI World ETF during the 4th quarter worth about $37,000. Comerica Bank lifted its holdings in iShares MSCI World ETF by 51.1% during the 3rd quarter. Comerica Bank now owns 281 shares of the company’s stock worth $51,000 after purchasing an additional 95 shares in the last quarter. Guardian Partners Inc. bought a new position in iShares MSCI World ETF in the 1st quarter worth about $53,000. Finally, Fifth Third Bancorp purchased a new position in iShares MSCI World ETF during the 1st quarter valued at about $57,000.

iShares MSCI World ETF Trading Up 0.3%

Shares of URTH stock traded up $0.64 during trading on Wednesday, reaching $209.38. 202,760 shares of the company’s stock traded hands, compared to its average volume of 745,636. The company has a market capitalization of $8.23 billion, a P/E ratio of 22.04 and a beta of 0.95. The firm’s 50-day moving average is $203.83 and its 200 day moving average is $196.08. iShares MSCI World ETF has a 1 year low of $173.17 and a 1 year high of $211.94.

About iShares MSCI World ETF

The iShares MSCI World ETF (URTH) is an exchange-traded fund that is based on the MSCI World index, a market-cap-weighted index of stocks that cover 85% of the developed world’s market capitalization. URTH was launched on Jan 10, 2012 and is managed by BlackRock.