iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) Stock Short Interest Report for October

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 27,026 shares, an increase of 2,473.9% from the October 15th total of 1,050 shares. Currently, 2.8% of the shares of the company are sold short. Based on an average trading volume of 13,044 shares, the short-interest ratio is currently 2.1 days.

iShares S&P 500 3% Capped ETF Stock Down 0.0%

iShares S&P 500 3% Capped ETF stock traded down $0.01 during trading on Tuesday, hitting $34.50. The stock had a trading volume of 523 shares, compared to its average volume of 9,113. iShares S&P 500 3% Capped ETF has a 1 year low of $29.14 and a 1 year high of $35.63. The stock’s 50 day moving average is $34.79 and its two-hundred day moving average is $33.42. The stock has a market cap of $32.77 million, a price-to-earnings ratio of 25.86 and a beta of 0.88.

Hedge Funds Weigh In On iShares S&P 500 3% Capped ETF

A hedge fund recently raised its position in iShares S&P 500 3% Capped ETF stock. Royal Bank of Canada raised its stake in shares of iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) by 375.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,417 shares of the company’s stock after buying an additional 31,122 shares during the quarter. Royal Bank of Canada owned about 4.93% of iShares S&P 500 3% Capped ETF worth $1,183,000 at the end of the most recent reporting period.

iShares S&P 500 3% Capped ETF Company Profile

The iShares S&P 500 3% Capped ETF (TOPC) is an exchange-traded fund that is based on the S&P 500 3% Capped index, a capped, market-cap-weighted index of 500 large-cap US stocks selected by the S&P Index Committee.