iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Short Interest Update

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 43,570 shares, a decline of 41.8% from the May 31st total of 74,913 shares. Based on an average daily trading volume, of 362,415 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

iShares MSCI Global Silver and Metals Miners ETF Price Performance

iShares MSCI Global Silver and Metals Miners ETF stock opened at $30.83 on Wednesday. The firm has a 50-day moving average of $35.06 and a 200-day moving average of $37.45. iShares MSCI Global Silver and Metals Miners ETF has a one year low of $17.28 and a one year high of $50.15. The company has a market cap of $558.02 million, a price-to-earnings ratio of 26.00 and a beta of 0.76.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SLVP. Main Street Group LTD bought a new position in iShares MSCI Global Silver and Metals Miners ETF in the first quarter valued at approximately $56,000. Jeppson Wealth Management LLC bought a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF during the 4th quarter worth approximately $215,000. Accordant Advisory Group Inc raised its stake in shares of iShares MSCI Global Silver and Metals Miners ETF by 2.6% during the 4th quarter. Accordant Advisory Group Inc now owns 8,716 shares of the company’s stock worth $299,000 after purchasing an additional 221 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the 4th quarter valued at approximately $86,000. Finally, CoreCap Advisors LLC bought a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the fourth quarter valued at $2,417,000.

iShares MSCI Global Silver and Metals Miners ETF Company Profile

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.