iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Stock Short Interest Report for September

iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 114,208 shares, a growth of 260.7% from the September 15th total of 31,667 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 485,347 shares, the days-to-cover ratio is currently 0.2 days.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA IYK traded down $0.07 on Friday, reaching $73.43. The stock had a trading volume of 161,524 shares, compared to its average volume of 354,131. The company has a market cap of $1.67 billion, a P/E ratio of 20.18 and a beta of 0.40. The firm has a fifty day moving average of $73.68 and a two-hundred day moving average of $72.65. iShares U.S. Consumer Staples ETF has a 1-year low of $65.21 and a 1-year high of $78.33.

Institutional Investors Weigh In On iShares U.S. Consumer Staples ETF

Institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC grew its position in shares of iShares U.S. Consumer Staples ETF by 4.8% during the 3rd quarter. CoreCap Advisors LLC now owns 4,542 shares of the company’s stock worth $321,000 after purchasing an additional 210 shares in the last quarter. Steph & Co. acquired a new stake in iShares U.S. Consumer Staples ETF during the third quarter worth approximately $108,000. Bangor Savings Bank bought a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter worth $29,000. Ferguson Wellman Capital Management Inc. bought a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter worth $416,000. Finally, Envestnet Asset Management Inc. increased its stake in iShares U.S. Consumer Staples ETF by 46.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 79,192 shares of the company’s stock worth $5,754,000 after acquiring an additional 24,941 shares during the period.

About iShares U.S. Consumer Staples ETF

iShares U.S. Consumer Goods ETF (the Fund), formerly iShares Dow Jones U.S .Consumer Goods Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of United States consumer goods stocks, as represented by the Dow Jones United States Consumer Goods Index. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.