iShares Global 100 ETF (NYSEARCA:IOO) Short Interest Down 51.1% in August

iShares Global 100 ETF (NYSEARCA:IOO) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 344,270 shares, a decrease of 51.1% from the July 30th total of 704,261 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 351,444 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On iShares Global 100 ETF

A number of large investors have recently bought and sold shares of IOO. Nalls Sherbakoff Group LLC purchased a new position in iShares Global 100 ETF during the fourth quarter worth approximately $25,000. Matrix Private Capital Group LLC purchased a new stake in shares of iShares Global 100 ETF in the first quarter valued at approximately $36,000. Johnson Financial Group Inc. acquired a new position in shares of iShares Global 100 ETF during the 1st quarter worth approximately $39,000. EFG International AG acquired a new position in shares of iShares Global 100 ETF during the 4th quarter worth approximately $51,000. Finally, Arax Advisory Partners acquired a new position in shares of iShares Global 100 ETF during the 4th quarter worth approximately $57,000.

iShares Global 100 ETF Stock Up 0.0%

Shares of IOO stock traded up $0.04 during mid-day trading on Friday, hitting $144.85. 71,490 shares of the stock were exchanged, compared to its average volume of 217,662. The firm has a fifty day moving average of $140.46 and a 200 day moving average of $134.69. iShares Global 100 ETF has a 52-week low of $112.68 and a 52-week high of $146.68. The company has a market cap of $9.16 billion, a PE ratio of 24.21 and a beta of 0.95.

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.