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

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 196,086 shares, an increase of 145.3% from the June 30th total of 79,951 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 260,826 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On iShares MSCI Global Silver and Metals Miners ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of iShares MSCI Global Silver and Metals Miners ETF by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 218,306 shares of the company’s stock valued at $3,888,000 after purchasing an additional 7,812 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF during the second quarter worth approximately $114,000. Jeppson Wealth Management LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF during the fourth quarter worth approximately $215,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the fourth quarter worth $86,000. Finally, Main Street Group LTD bought a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the first quarter worth $56,000.

iShares MSCI Global Silver and Metals Miners ETF Price Performance

Shares of iShares MSCI Global Silver and Metals Miners ETF stock opened at $29.43 on Thursday. iShares MSCI Global Silver and Metals Miners ETF has a 1-year low of $17.42 and a 1-year high of $50.15. The company has a market capitalization of $532.68 million, a PE ratio of 26.00 and a beta of 0.76. The business has a 50-day moving average of $32.16 and a 200-day moving average of $36.84.

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.