iShares S&P 100 ETF (NYSEARCA:OEF) Shares Shorted: Short Interest Up 142.9% in October

iShares S&P 100 ETF (NYSEARCA:OEF) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 125,688 shares, an increase of 142.9% from the September 30th total of 51,747 shares. Based on an average daily volume of 197,668 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

iShares S&P 100 ETF Stock Performance

Shares of NYSEARCA:OEF traded down $9.02 during midday trading on Friday, reaching $371.95. 166,195 shares of the company’s stock were exchanged, compared to its average volume of 666,563. The company’s 50 day simple moving average is $382.11 and its two-hundred day simple moving average is $360.10. The firm has a market capitalization of $19.99 billion, a PE ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a 12 month low of $306.84 and a 12 month high of $390.69.

Institutional Trading of iShares S&P 100 ETF

A number of institutional investors and hedge funds have recently modified their holdings of OEF. Fifth Third Bancorp grew its stake in shares of iShares S&P 100 ETF by 1.3% during the 1st quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock worth $821,451,000 after acquiring an additional 33,445 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 100 ETF by 1.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 441,595 shares of the company’s stock valued at $140,458,000 after acquiring an additional 6,317 shares during the period. Signaturefd LLC acquired a new position in iShares S&P 100 ETF during the third quarter valued at approximately $57,529,000. Oakworth Capital Inc. bought a new stake in shares of iShares S&P 100 ETF during the 3rd quarter valued at approximately $38,022,000. Finally, Financial Enhancement Group LLC boosted its holdings in shares of iShares S&P 100 ETF by 0.7% during the 3rd quarter. Financial Enhancement Group LLC now owns 83,321 shares of the company’s stock valued at $32,448,000 after acquiring an additional 582 shares in the last quarter.

About iShares S&P 100 ETF

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.