iShares Global 100 ETF (NYSEARCA:IOO) Sees Large Decrease in Short Interest

iShares Global 100 ETF (NYSEARCA:IOO) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 344,270 shares, a decrease of 51.1% from the July 30th total of 704,261 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 351,444 shares, the short-interest ratio is currently 1.0 days.

iShares Global 100 ETF Trading Down 0.5%

Shares of IOO traded down $0.70 on Monday, reaching $144.15. 120,044 shares of the company’s stock traded hands, compared to its average volume of 217,074. The stock’s 50 day simple moving average is $140.60 and its two-hundred day simple moving average is $134.83. The stock has a market cap of $9.12 billion, a PE ratio of 24.21 and a beta of 0.95. iShares Global 100 ETF has a 52-week low of $112.68 and a 52-week high of $146.68.

Institutional Investors Weigh In On iShares Global 100 ETF

A number of hedge funds have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in iShares Global 100 ETF by 12.4% in the fourth quarter. LPL Financial LLC now owns 1,219,233 shares of the company’s stock valued at $154,440,000 after acquiring an additional 134,689 shares during the last quarter. Retirement Management Systems Inc. purchased a new stake in shares of iShares Global 100 ETF during the 4th quarter worth approximately $13,829,000. Jane Street Group LLC bought a new stake in shares of iShares Global 100 ETF in the 1st quarter worth approximately $7,860,000. Green Ridge Wealth Planning LLC bought a new stake in shares of iShares Global 100 ETF in the 4th quarter worth approximately $9,645,000. Finally, UBS Group AG lifted its stake in iShares Global 100 ETF by 19.4% in the fourth quarter. UBS Group AG now owns 454,693 shares of the company’s stock valued at $57,596,000 after purchasing an additional 73,860 shares during the last quarter.

About iShares Global 100 ETF

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.