Short Interest in iShares Global Industrials ETF (NYSEARCA:EXI) Drops By 83.7%

iShares Global Industrials ETF (NYSEARCA:EXI) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,307 shares, a decrease of 83.7% from the July 15th total of 20,248 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 36,982 shares, the days-to-cover ratio is presently 0.1 days.

iShares Global Industrials ETF Stock Performance

Shares of NYSEARCA EXI traded up $0.32 during mid-day trading on Friday, hitting $206.84. 18,583 shares of the stock were exchanged, compared to its average volume of 54,679. The company has a market cap of $1.49 billion, a P/E ratio of 22.01 and a beta of 0.98. The stock’s fifty day simple moving average is $198.16 and its two-hundred day simple moving average is $194.08. iShares Global Industrials ETF has a twelve month low of $165.70 and a twelve month high of $207.79.

Institutional Investors Weigh In On iShares Global Industrials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Grp LLC bought a new position in iShares Global Industrials ETF in the 1st quarter valued at $28,000. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Global Industrials ETF by 62.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares during the last quarter. Arax Advisory Partners bought a new stake in shares of iShares Global Industrials ETF during the fourth quarter worth $31,000. Assetmark Inc. increased its stake in shares of iShares Global Industrials ETF by 47.0% in the first quarter. Assetmark Inc. now owns 194 shares of the company’s stock valued at $35,000 after buying an additional 62 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of iShares Global Industrials ETF in the fourth quarter valued at $42,000.

About iShares Global Industrials ETF

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.