iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Update

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 10,964 shares, a decrease of 78.3% from the February 12th total of 50,529 shares. Based on an average daily trading volume, of 30,587 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,587 shares, the short-interest ratio is presently 0.4 days.

iShares MSCI Agriculture Producers ETF Price Performance

Shares of iShares MSCI Agriculture Producers ETF stock traded up $0.52 during midday trading on Thursday, hitting $46.25. 152,398 shares of the company were exchanged, compared to its average volume of 28,925. The firm has a 50 day simple moving average of $43.47 and a 200-day simple moving average of $40.73. The firm has a market cap of $108.69 million, a P/E ratio of 18.90 and a beta of 0.81. iShares MSCI Agriculture Producers ETF has a 52 week low of $33.13 and a 52 week high of $47.27.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. CX Institutional grew its holdings in shares of iShares MSCI Agriculture Producers ETF by 126.5% in the 3rd quarter. CX Institutional now owns 974 shares of the company’s stock worth $38,000 after purchasing an additional 544 shares during the last quarter. Commonwealth Retirement Investments LLC bought a new position in shares of iShares MSCI Agriculture Producers ETF in the fourth quarter valued at about $46,000. BNP Paribas lifted its position in iShares MSCI Agriculture Producers ETF by 5.6% during the 2nd quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after buying an additional 685 shares in the last quarter. Verity Asset Management Inc. bought a new stake in iShares MSCI Agriculture Producers ETF during the 4th quarter worth about $665,000. Finally, Red Tortoise LLC bought a new stake in iShares MSCI Agriculture Producers ETF during the 3rd quarter worth about $981,000.

About iShares MSCI Agriculture Producers ETF

The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.