iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Up 20.5% in January

iShares Semiconductor ETF (NASDAQ:SOXX) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 9,420,000 shares, an increase of 20.5% from the January 15th total of 7,820,000 shares. Based on an average daily trading volume, of 3,276,300 shares, the short-interest ratio is currently 2.9 days.

Institutional Trading of iShares Semiconductor ETF

Hedge funds have recently made changes to their positions in the business. Compass Financial Services Inc bought a new position in iShares Semiconductor ETF during the fourth quarter worth $25,000. Global Trust Asset Management LLC acquired a new stake in iShares Semiconductor ETF during the third quarter worth approximately $27,000. Hopwood Financial Services Inc. acquired a new position in shares of iShares Semiconductor ETF in the fourth quarter valued at approximately $30,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Semiconductor ETF during the third quarter worth approximately $33,000. Finally, Truvestments Capital LLC acquired a new stake in iShares Semiconductor ETF during the 3rd quarter worth approximately $35,000.

iShares Semiconductor ETF Trading Up 0.1 %

Shares of SOXX traded up $0.23 during midday trading on Friday, reaching $223.07. The stock had a trading volume of 1,566,227 shares, compared to its average volume of 3,615,157. The firm has a 50 day simple moving average of $221.10 and a 200-day simple moving average of $222.33. The firm has a market cap of $13.81 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares Semiconductor ETF

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).