iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Short Interest Update

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 70,896 shares, a decline of 44.2% from the August 31st total of 126,950 shares. Based on an average daily volume of 215,935 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s shares are short sold.

iShares MSCI Global Silver and Metals Miners ETF Price Performance

iShares MSCI Global Silver and Metals Miners ETF stock opened at $34.85 on Friday. iShares MSCI Global Silver and Metals Miners ETF has a 1-year low of $24.70 and a 1-year high of $50.15. The firm has a market capitalization of $630.78 million, a P/E ratio of 26.00 and a beta of 0.76. The company’s 50-day moving average is $37.03 and its 200 day moving average is $35.39.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares MSCI Global Silver and Metals Miners ETF stock. Main Street Group LTD purchased a new position in iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,590 shares of the company’s stock, valued at approximately $56,000.

About iShares MSCI Global Silver and Metals Miners ETF

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.