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

iShares Semiconductor ETF (NASDAQ:SOXX) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 9,420,000 shares, a growth 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 days-to-cover ratio is presently 2.9 days.

iShares Semiconductor ETF Stock Up 0.1 %

SOXX stock opened at $223.07 on Friday. The firm has a market capitalization of $13.81 billion, a PE ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a twelve month low of $192.87 and a twelve month high of $267.24. The stock has a 50-day simple moving average of $221.10 and a two-hundred day simple moving average of $222.34.

iShares Semiconductor ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Itau Unibanco Holding S.A. purchased a new position in shares of iShares Semiconductor ETF during the fourth quarter worth about $435,000. Keel Point LLC grew its holdings in shares of iShares Semiconductor ETF by 13.8% during the fourth quarter. Keel Point LLC now owns 9,348 shares of the exchange traded fund’s stock worth $2,014,000 after purchasing an additional 1,132 shares in the last quarter. Bison Wealth LLC purchased a new position in shares of iShares Semiconductor ETF during the fourth quarter worth about $201,000. Comerica Bank grew its holdings in shares of iShares Semiconductor ETF by 1.9% during the fourth quarter. Comerica Bank now owns 19,371 shares of the exchange traded fund’s stock worth $4,174,000 after purchasing an additional 359 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of iShares Semiconductor ETF by 10.8% during the fourth quarter. Northern Trust Corp now owns 3,810 shares of the exchange traded fund’s stock worth $821,000 after purchasing an additional 371 shares in the last quarter.

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).