iShares Global Industrials ETF (NYSEARCA:EXI) Stock Short Interest Climbs 129.5%

iShares Global Industrials ETF (NYSEARCA:EXI) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 16,840 shares, an increase of 129.5% from the October 15th total of 7,337 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 95,483 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Global Industrials ETF

A number of large investors have recently added to or reduced their stakes in EXI. Slow Capital Inc. purchased a new position in shares of iShares Global Industrials ETF in the third quarter worth about $1,729,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of iShares Global Industrials ETF in the 3rd quarter worth about $803,000. NTV Asset Management LLC purchased a new position in shares of iShares Global Industrials ETF during the third quarter valued at approximately $1,533,000. Wealth Management Partners LLC purchased a new stake in shares of iShares Global Industrials ETF in the third quarter worth $508,000. Finally, Fifth Third Bancorp grew its holdings in shares of iShares Global Industrials ETF by 405.3% during the first quarter. Fifth Third Bancorp now owns 4,346 shares of the company’s stock valued at $787,000 after buying an additional 3,486 shares during the last quarter.

iShares Global Industrials ETF Trading Down 0.5%

Shares of NYSEARCA EXI opened at $188.29 on Friday. iShares Global Industrials ETF has a 12 month low of $165.70 and a 12 month high of $207.79. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 23.65 and a beta of 1.00. The business has a 50-day moving average of $190.08 and a 200-day moving average of $193.61.

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.