iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Short Interest Falls 82.9%

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,986 shares, a decline of 82.9% from the October 15th total of 11,582 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 26,884 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Agriculture Producers ETF Stock Up 0.1%

iShares MSCI Agriculture Producers ETF stock traded up $0.03 during mid-day trading on Friday, hitting $45.21. 13,360 shares of the company’s stock traded hands, compared to its average volume of 56,414. The company has a market cap of $169.54 million, a PE ratio of 19.40 and a beta of 0.69. The firm has a 50 day moving average price of $45.95 and a 200 day moving average price of $45.22. iShares MSCI Agriculture Producers ETF has a one year low of $38.24 and a one year high of $49.64.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

An institutional investor recently bought a new stake in iShares MSCI Agriculture Producers ETF stock. Glenmede Trust Co. NA purchased a new position in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 877 shares of the company’s stock, valued at approximately $40,000.

About iShares MSCI Agriculture Producers ETF

The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.