iShares U.S. Utilities ETF (NYSEARCA:IDU) Stock Short Interest Report for October

iShares U.S. Utilities ETF (NYSEARCA:IDU) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 188,550 shares, an increase of 166.3% from the October 15th total of 70,792 shares. Based on an average daily trading volume, of 220,722 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.5% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares U.S. Utilities ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. XML Financial LLC lifted its stake in shares of iShares U.S. Utilities ETF by 7.5% during the second quarter. XML Financial LLC now owns 2,173 shares of the company’s stock valued at $249,000 after acquiring an additional 152 shares during the period. Sei Investments Co. increased its position in iShares U.S. Utilities ETF by 2.7% in the first quarter. Sei Investments Co. now owns 6,355 shares of the company’s stock worth $738,000 after purchasing an additional 167 shares during the period. Fifth Third Bancorp increased its position in iShares U.S. Utilities ETF by 1.4% in the third quarter. Fifth Third Bancorp now owns 13,996 shares of the company’s stock worth $1,411,000 after purchasing an additional 187 shares during the period. CacheTech Inc. increased its position in iShares U.S. Utilities ETF by 5.5% in the first quarter. CacheTech Inc. now owns 3,720 shares of the company’s stock worth $432,000 after purchasing an additional 194 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in iShares U.S. Utilities ETF by 11.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 2,057 shares of the company’s stock worth $236,000 after purchasing an additional 206 shares during the period.

iShares U.S. Utilities ETF Stock Performance

Shares of IDU opened at $112.29 on Friday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 21.72 and a beta of 0.54. The business’s fifty day moving average price is $106.95 and its two-hundred day moving average price is $112.39. iShares U.S. Utilities ETF has a 52 week low of $100.00 and a 52 week high of $120.82.

iShares U.S. Utilities ETF Company Profile

iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.