Short Interest in iShares S&P 100 ETF (NYSEARCA:OEF) Rises By 96.0%

iShares S&P 100 ETF (NYSEARCA:OEF) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 177,042 shares, an increase of 96.0% from the June 15th total of 90,335 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 330,265 shares, the short-interest ratio is presently 0.5 days.

iShares S&P 100 ETF Trading Down 0.7%

Shares of OEF traded down $2.71 during mid-day trading on Thursday, hitting $371.19. The company’s stock had a trading volume of 173,270 shares, compared to its average volume of 921,393. The firm has a 50-day simple moving average of $368.34 and a 200 day simple moving average of $348.34. iShares S&P 100 ETF has a 1-year low of $306.18 and a 1-year high of $379.02. The firm has a market capitalization of $20.38 billion, a P/E ratio of 27.17 and a beta of 1.03.

Institutional Trading of iShares S&P 100 ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of iShares S&P 100 ETF by 2.6% during the 2nd quarter. Bank of America Corp DE now owns 6,572,075 shares of the company’s stock worth $2,000,211,000 after acquiring an additional 168,990 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares S&P 100 ETF by 6.9% during the 4th quarter. LPL Financial LLC now owns 4,530,269 shares of the company’s stock worth $1,553,746,000 after purchasing an additional 290,930 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares S&P 100 ETF by 4.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,791,323 shares of the company’s stock worth $957,340,000 after buying an additional 110,536 shares in the last quarter. Fifth Third Bancorp raised its position in shares of iShares S&P 100 ETF by 1.3% in the first quarter. Fifth Third Bancorp now owns 2,582,609 shares of the company’s stock valued at $821,451,000 after buying an additional 33,445 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of iShares S&P 100 ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,555,823 shares of the company’s stock valued at $876,571,000 after buying an additional 147,326 shares during the last quarter.

About iShares S&P 100 ETF

iShares S&P 100 ETF, formerly iShares S&P 100 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 S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.