iShares Global 100 ETF (NYSEARCA:IOO) Sees Large Increase in Short Interest

iShares Global 100 ETF (NYSEARCA:IOO) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,112,994 shares, a growth of 198.4% from the June 15th total of 372,994 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average trading volume of 335,010 shares, the days-to-cover ratio is currently 3.3 days.

Hedge Funds Weigh In On iShares Global 100 ETF

A number of institutional investors have recently made changes to their positions in the business. Bartlett & CO. Wealth Management LLC acquired a new stake in iShares Global 100 ETF in the 4th quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Global 100 ETF during the fourth quarter worth approximately $25,000. Olistico Wealth LLC bought a new stake in shares of iShares Global 100 ETF in the fourth quarter valued at approximately $35,000. Matrix Private Capital Group LLC bought a new stake in shares of iShares Global 100 ETF in the first quarter valued at approximately $36,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of iShares Global 100 ETF in the first quarter worth $39,000.

iShares Global 100 ETF Trading Up 0.6%

iShares Global 100 ETF stock traded up $0.89 on Wednesday, reaching $139.84. 14,571 shares of the stock were exchanged, compared to its average volume of 192,997. The stock has a market cap of $8.71 billion, a PE ratio of 24.21 and a beta of 0.96. iShares Global 100 ETF has a twelve month low of $109.21 and a twelve month high of $144.78. The firm has a fifty day moving average price of $139.27 and a two-hundred day moving average price of $131.41.

About iShares Global 100 ETF

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 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 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.