iShares U.S. Industrials ETF (BATS:IYJ) Short Interest Down 59.8% in August

iShares U.S. Industrials ETF (BATS:IYJ) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 70,692 shares, a decline of 59.8% from the July 30th total of 175,891 shares. Based on an average daily volume of 68,836 shares, the short-interest ratio is presently 1.0 days. Approximately 0.6% of the company’s shares are sold short.

iShares U.S. Industrials ETF Stock Down 0.6%

IYJ opened at $164.32 on Friday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 25.86 and a beta of 1.10. iShares U.S. Industrials ETF has a 12-month low of $138.90 and a 12-month high of $171.25. The stock has a fifty day moving average of $165.01 and a 200-day moving average of $159.09.

Institutional Trading of iShares U.S. Industrials ETF

Several institutional investors have recently made changes to their positions in the stock. Nalls Sherbakoff Group LLC purchased a new position in iShares U.S. Industrials ETF during the fourth quarter valued at approximately $29,000. Triumph Capital Management bought a new position in iShares U.S. Industrials ETF in the 3rd quarter worth $32,000. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares U.S. Industrials ETF in the fourth quarter worth $34,000. Western Wealth Management LLC bought a new stake in shares of iShares U.S. Industrials ETF in the first quarter valued at about $36,000. Finally, BankChampaign National Association bought a new position in iShares U.S. Industrials ETF during the first quarter valued at about $37,000.

iShares U.S. Industrials ETF Company Profile

iShares U.S. Industrials ETF, formerly iShares Dow Jones U.S. Industrial Sector 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 Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services.