iShares U.S. Industrials ETF (BATS:IYJ) Sees Significant Increase in Short Interest

iShares U.S. Industrials ETF (BATS:IYJ) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 119,697 shares, a growth of 68.2% from the September 30th total of 71,160 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 137,737 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares U.S. Industrials ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Schuylkill Financial LLC increased its stake in iShares U.S. Industrials ETF by 1.2% in the 3rd quarter. Schuylkill Financial LLC now owns 5,883 shares of the company’s stock valued at $902,000 after buying an additional 72 shares during the period. Stephens Inc. AR boosted its holdings in shares of iShares U.S. Industrials ETF by 2.1% in the first quarter. Stephens Inc. AR now owns 5,537 shares of the company’s stock valued at $817,000 after acquiring an additional 114 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of iShares U.S. Industrials ETF by 10.0% in the second quarter. Integrated Wealth Concepts LLC now owns 1,631 shares of the company’s stock valued at $272,000 after acquiring an additional 148 shares in the last quarter. Westwind Capital increased its stake in shares of iShares U.S. Industrials ETF by 1.0% during the third quarter. Westwind Capital now owns 15,700 shares of the company’s stock worth $2,408,000 after acquiring an additional 149 shares during the period. Finally, Lakeshore Capital Group Inc. increased its stake in shares of iShares U.S. Industrials ETF by 4.0% during the third quarter. Lakeshore Capital Group Inc. now owns 3,973 shares of the company’s stock worth $609,000 after acquiring an additional 154 shares during the period.

iShares U.S. Industrials ETF Price Performance

IYJ stock opened at $158.58 on Monday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. The company has a fifty day moving average price of $157.90 and a 200 day moving average price of $158.32. iShares U.S. Industrials ETF has a 12 month low of $138.90 and a 12 month high of $171.25.

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.