iShares Global Industrials ETF (NYSEARCA:EXI) Short Interest Down 63.9% in April

iShares Global Industrials ETF (NYSEARCA:EXI) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 9,535 shares, a decrease of 63.9% from the April 15th total of 26,380 shares. Based on an average daily trading volume, of 84,752 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares Global Industrials ETF

A number of hedge funds have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC boosted its holdings in shares of iShares Global Industrials ETF by 62.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 67 shares in the last quarter. Arax Advisory Partners acquired a new position in shares of iShares Global Industrials ETF in the 4th quarter worth approximately $31,000. Assetmark Inc. boosted its holdings in shares of iShares Global Industrials ETF by 47.0% in the 1st quarter. Assetmark Inc. now owns 194 shares of the company’s stock worth $35,000 after acquiring an additional 62 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of iShares Global Industrials ETF in the 4th quarter worth approximately $42,000. Finally, Capital Investment Counsel Inc acquired a new position in shares of iShares Global Industrials ETF in the 4th quarter worth approximately $43,000.

iShares Global Industrials ETF Price Performance

Shares of EXI traded down $4.00 during mid-day trading on Friday, reaching $192.64. The company had a trading volume of 45,452 shares, compared to its average volume of 54,593. iShares Global Industrials ETF has a twelve month low of $156.84 and a twelve month high of $201.02. The company’s 50-day moving average is $189.72 and its 200-day moving average is $184.46. The company has a market capitalization of $1.35 billion, a P/E ratio of 22.01 and a beta of 1.00.

iShares Global Industrials ETF Company Profile

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.