iShares Global Financials ETF (NYSEARCA:IXG) Shares Shorted: Short Interest Down 96.7% in September

iShares Global Financials ETF (NYSEARCA:IXG) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 6,107 shares, a decrease of 96.7% from the September 15th total of 187,362 shares. Based on an average daily volume of 33,114 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

iShares Global Financials ETF Trading Up 0.7%

NYSEARCA IXG traded up $0.93 during trading hours on Friday, hitting $127.56. 30,758 shares of the company’s stock were exchanged, compared to its average volume of 45,290. The stock has a 50-day simple moving average of $132.32 and a 200 day simple moving average of $126.24. iShares Global Financials ETF has a 1-year low of $109.99 and a 1-year high of $137.00. The firm has a market cap of $695.20 million, a price-to-earnings ratio of 14.77 and a beta of 0.82.

Institutional Trading of iShares Global Financials ETF

Several large investors have recently modified their holdings of IXG. Optiver Holding B.V. bought a new stake in shares of iShares Global Financials ETF in the 1st quarter valued at $27,000. NBT Bank N A NY boosted its stake in iShares Global Financials ETF by 151.2% during the first quarter. NBT Bank N A NY now owns 304 shares of the company’s stock worth $35,000 after acquiring an additional 183 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in iShares Global Financials ETF in the first quarter worth $63,000. Sanctuary Advisors LLC grew its holdings in iShares Global Financials ETF by 45.1% in the first quarter. Sanctuary Advisors LLC now owns 2,437 shares of the company’s stock worth $278,000 after purchasing an additional 757 shares during the period. Finally, Unique Wealth LLC bought a new stake in iShares Global Financials ETF in the first quarter valued at $399,000.

iShares Global Financials ETF Company Profile

Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of companies that Standard & Poor’s deems part of the financial sector of the economy and important to global markets, as represented by the S&P Global 1200 Financials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.