iShares Global Energy ETF (NYSEARCA:IXC) Short Interest Update

iShares Global Energy ETF (NYSEARCA:IXC) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,012,258 shares, an increase of 191.1% from the January 15th total of 347,712 shares. Based on an average daily volume of 408,612 shares, the short-interest ratio is presently 2.5 days. Approximately 2.2% of the shares of the stock are short sold. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily volume of 408,612 shares, the short-interest ratio is presently 2.5 days.

Institutional Trading of iShares Global Energy ETF

Several large investors have recently added to or reduced their stakes in IXC. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in iShares Global Energy ETF during the third quarter worth about $990,000. Client 1ST Advisory Group LLC boosted its position in shares of iShares Global Energy ETF by 26.8% in the 3rd quarter. Client 1ST Advisory Group LLC now owns 74,398 shares of the company’s stock worth $3,106,000 after purchasing an additional 15,715 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of iShares Global Energy ETF by 3.7% in the 2nd quarter. Avantax Advisory Services Inc. now owns 110,300 shares of the company’s stock worth $4,334,000 after buying an additional 3,947 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in iShares Global Energy ETF by 5.2% during the second quarter. TD Waterhouse Canada Inc. now owns 40,865 shares of the company’s stock valued at $1,614,000 after buying an additional 2,013 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in iShares Global Energy ETF by 14.9% during the 2nd quarter. Fisher Asset Management LLC now owns 12,533,974 shares of the company’s stock valued at $492,460,000 after purchasing an additional 1,624,618 shares in the last quarter.

iShares Global Energy ETF Price Performance

Shares of NYSEARCA IXC opened at $50.56 on Thursday. The stock has a market capitalization of $2.30 billion, a P/E ratio of 13.85 and a beta of 0.69. The firm’s 50 day simple moving average is $44.12 and its two-hundred day simple moving average is $42.39. iShares Global Energy ETF has a one year low of $33.89 and a one year high of $50.71.

About iShares Global Energy ETF

iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy 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 Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.