iShares Global Industrials ETF (NYSEARCA:EXI) Short Interest Update

iShares Global Industrials ETF (NYSEARCA:EXI) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 27,707 shares, an increase of 737.8% from the July 30th total of 3,307 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 22,899 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On iShares Global Industrials ETF

A number of hedge funds have recently added to or reduced their stakes in EXI. Wellington Grp LLC bought a new position in shares of iShares Global Industrials ETF during the 1st quarter worth approximately $28,000. O Shaughnessy Asset Management LLC boosted its stake in 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 acquiring an additional 67 shares in the last quarter. Arax Advisory Partners acquired a new stake in iShares Global Industrials ETF in the fourth quarter worth $31,000. Angeles Wealth Management LLC bought a new stake in iShares Global Industrials ETF in the second quarter valued at $32,000. Finally, Assetmark Inc. raised its holdings in shares of iShares Global Industrials ETF by 47.0% during the first quarter. Assetmark Inc. now owns 194 shares of the company’s stock valued at $35,000 after purchasing an additional 62 shares during the period.

iShares Global Industrials ETF Trading Up 0.5%

Shares of iShares Global Industrials ETF stock opened at $201.27 on Wednesday. The business has a 50-day moving average price of $199.63 and a two-hundred day moving average price of $194.87. iShares Global Industrials ETF has a 1-year low of $165.70 and a 1-year high of $207.79. The company has a market cap of $1.45 billion, a P/E ratio of 22.01 and a beta of 0.98.

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.