iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Sees Large Growth in Short Interest

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 2,535 shares, an increase of 141.9% from the April 30th total of 1,048 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 11,069 shares, the days-to-cover ratio is presently 0.2 days.

iShares Global Consumer Discretionary ETF Stock Down 0.5%

Shares of RXI stock traded down $0.92 during mid-day trading on Friday, reaching $201.86. 2,628 shares of the company’s stock traded hands, compared to its average volume of 9,163. iShares Global Consumer Discretionary ETF has a 12 month low of $180.68 and a 12 month high of $213.77. The company has a market cap of $272.51 million, a P/E ratio of 19.64 and a beta of 1.06. The company’s 50-day moving average price is $194.96 and its 200-day moving average price is $201.28.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Strengthening Families & Communities LLC bought a new stake in iShares Global Consumer Discretionary ETF during the third quarter worth about $118,000. Integrated Wealth Concepts LLC increased its stake in shares of iShares Global Consumer Discretionary ETF by 31.7% during the first quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock valued at $423,000 after purchasing an additional 574 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Global Consumer Discretionary ETF by 14.3% during the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after purchasing an additional 414 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of iShares Global Consumer Discretionary ETF by 110.0% during the first quarter. Bessemer Group Inc. now owns 7,525 shares of the company’s stock valued at $1,403,000 after purchasing an additional 3,942 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares Global Consumer Discretionary ETF during the third quarter valued at approximately $4,061,000.

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.