iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Short Interest Up 344.5% in August

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,249 shares, an increase of 344.5% from the August 15th total of 1,406 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 22,331 shares, the short-interest ratio is presently 0.3 days.

iShares Global Consumer Discretionary ETF Stock Performance

iShares Global Consumer Discretionary ETF stock traded up $2.26 during mid-day trading on Friday, reaching $191.93. 4,945 shares of the company were exchanged, compared to its average volume of 10,790. The firm’s 50-day simple moving average is $197.62 and its two-hundred day simple moving average is $196.27. iShares Global Consumer Discretionary ETF has a twelve month low of $180.68 and a twelve month high of $213.77. The firm has a market cap of $259.11 million, a PE ratio of 19.64 and a beta of 1.05.

Institutional Investors Weigh In On iShares Global Consumer Discretionary ETF

An institutional investor recently raised its position in iShares Global Consumer Discretionary ETF stock. Bessemer Group Inc. raised its position in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) by 110.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 7,525 shares of the company’s stock after buying an additional 3,942 shares during the quarter. Bessemer Group Inc. owned about 0.56% of iShares Global Consumer Discretionary ETF worth $1,403,000 as of its most recent filing with the SEC.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.