iShares Global Industrials ETF (NYSEARCA:EXI) Short Interest Update

iShares Global Industrials ETF (NYSEARCA:EXI) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 27,707 shares, a growth of 737.8% from the July 30th total of 3,307 shares. Based on an average daily volume of 22,899 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Global Industrials ETF

A number of large investors have recently bought and sold shares of EXI. Wellington Grp LLC purchased a new stake in iShares Global Industrials ETF during the first quarter worth $28,000. O Shaughnessy Asset Management LLC raised its stake in shares of iShares Global Industrials ETF by 62.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 174 shares of the company’s stock worth $31,000 after buying an additional 67 shares during the last quarter. Arax Advisory Partners acquired a new position in shares of iShares Global Industrials ETF during the 4th quarter worth $31,000. Angeles Wealth Management LLC purchased a new stake in shares of iShares Global Industrials ETF in the 2nd quarter worth about $32,000. Finally, Assetmark Inc. boosted its position in shares of iShares Global Industrials ETF by 47.0% in the 1st quarter. Assetmark Inc. now owns 194 shares of the company’s stock worth $35,000 after buying an additional 62 shares in the last quarter.

iShares Global Industrials ETF Trading Down 0.5%

Shares of EXI traded down $0.91 during mid-day trading on Thursday, hitting $201.10. 13,462 shares of the company’s stock were exchanged, compared to its average volume of 53,908. iShares Global Industrials ETF has a fifty-two week low of $165.70 and a fifty-two week high of $207.79. The firm has a market capitalization of $1.45 billion, a P/E ratio of 22.01 and a beta of 0.98. The business’s 50 day moving average is $199.74 and its two-hundred day moving average is $194.97.

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.