iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Decline in Short Interest

iShares Global Industrials ETF (NYSEARCA:EXI) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 21,854 shares, a decrease of 55.1% from the September 15th total of 48,653 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 53,965 shares, the days-to-cover ratio is presently 0.4 days.

iShares Global Industrials ETF Stock Performance

iShares Global Industrials ETF stock traded up $1.14 during midday trading on Thursday, reaching $188.40. The company’s stock had a trading volume of 58,633 shares, compared to its average volume of 55,931. iShares Global Industrials ETF has a fifty-two week low of $165.70 and a fifty-two week high of $207.79. The stock’s 50 day simple moving average is $195.91 and its 200 day simple moving average is $195.32. The firm has a market capitalization of $1.43 billion, a PE ratio of 22.01 and a beta of 0.99.

Hedge Funds Weigh In On iShares Global Industrials ETF

A number of large investors have recently made changes to their positions in the stock. Wellington Grp LLC acquired a new stake in iShares Global Industrials ETF during the 1st quarter valued at $28,000. Angeles Wealth Management LLC purchased a new position in iShares Global Industrials ETF during the second quarter worth $32,000. Assetmark Inc. raised its holdings in shares of iShares Global Industrials ETF by 47.0% in the first quarter. Assetmark Inc. now owns 194 shares of the company’s stock worth $35,000 after acquiring an additional 62 shares during the last quarter. CX Institutional acquired a new position in shares of iShares Global Industrials ETF in the third quarter worth $115,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Global Industrials ETF in the fourth quarter worth $117,000.

About iShares Global Industrials ETF

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials 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 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.