iShares U.S. Industrials ETF (BATS:IYJ) Short Interest Down 59.8% in August

iShares U.S. Industrials ETF (BATS:IYJ) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 70,692 shares, a decrease of 59.8% from the July 30th total of 175,891 shares. Based on an average daily volume of 68,836 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.6% of the shares of the stock are sold short.

iShares U.S. Industrials ETF Stock Down 0.9%

Shares of iShares U.S. Industrials ETF stock opened at $162.86 on Friday. iShares U.S. Industrials ETF has a 12-month low of $138.90 and a 12-month high of $171.25. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. The firm’s 50-day moving average price is $165.02 and its two-hundred day moving average price is $159.12.

Institutional Trading of iShares U.S. Industrials ETF

Several large investors have recently made changes to their positions in IYJ. Nalls Sherbakoff Group LLC acquired a new position in iShares U.S. Industrials ETF during the fourth quarter valued at approximately $29,000. Triumph Capital Management acquired a new stake in shares of iShares U.S. Industrials ETF in the 3rd quarter valued at $32,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares U.S. Industrials ETF in the 4th quarter valued at $34,000. Western Wealth Management LLC bought a new position in shares of iShares U.S. Industrials ETF in the 1st quarter valued at $36,000. Finally, BankChampaign National Association acquired a new position in shares of iShares U.S. Industrials ETF during the 1st quarter worth $37,000.

iShares U.S. Industrials ETF Company Profile

iShares U.S. Industrials ETF, formerly iShares Dow Jones U.S. Industrial Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services.