iShares U.S. Utilities ETF (NYSEARCA:IDU) Stock Short Interest Report for September

iShares U.S. Utilities ETF (NYSEARCA:IDU) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 106,465 shares, an increase of 187.6% from the September 15th total of 37,018 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 211,623 shares, the short-interest ratio is currently 0.5 days.

iShares U.S. Utilities ETF Price Performance

NYSEARCA:IDU traded up $0.54 during midday trading on Tuesday, hitting $106.74. The company’s stock had a trading volume of 69,174 shares, compared to its average volume of 179,275. iShares U.S. Utilities ETF has a fifty-two week low of $100.00 and a fifty-two week high of $120.82. The firm’s 50 day moving average is $107.33 and its 200-day moving average is $112.03. The firm has a market cap of $1.43 billion, a P/E ratio of 21.72 and a beta of 0.56.

Institutional Trading of iShares U.S. Utilities ETF

Several large investors have recently made changes to their positions in IDU. Hsbc Holdings PLC boosted its position in iShares U.S. Utilities ETF by 24,187.0% in the 4th quarter. Hsbc Holdings PLC now owns 728,611 shares of the company’s stock worth $78,952,000 after purchasing an additional 725,611 shares in the last quarter. Arete Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Utilities ETF during the 1st quarter worth approximately $6,975,000. Corient Private Wealth LLC grew its stake in shares of iShares U.S. Utilities ETF by 940.4% during the 4th quarter. Corient Private Wealth LLC now owns 21,433 shares of the company’s stock worth $2,322,000 after purchasing an additional 19,373 shares during the period. Citadel Advisors LLC increased its holdings in shares of iShares U.S. Utilities ETF by 863.9% during the 2nd quarter. Citadel Advisors LLC now owns 20,771 shares of the company’s stock valued at $2,381,000 after purchasing an additional 18,616 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of iShares U.S. Utilities ETF by 100.4% during the 1st quarter. Sanctuary Advisors LLC now owns 36,303 shares of the company’s stock valued at $4,215,000 after purchasing an additional 18,185 shares in the last quarter.

About iShares U.S. Utilities ETF

iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market. Its components primarily include utilities companies. BlackRock Fund Advisors acts as an investment adviser of the Fund.