iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Short Interest Down 77.5% in April

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,048 shares, a decline of 77.5% from the April 15th total of 4,653 shares. Based on an average daily volume of 3,747 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Global Consumer Discretionary ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC acquired a new position in shares of iShares Global Consumer Discretionary ETF in the third quarter valued at $4,061,000. Integrated Wealth Concepts LLC increased its holdings in shares of iShares Global Consumer Discretionary ETF by 31.7% in the first quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock valued at $423,000 after purchasing an additional 574 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of iShares Global Consumer Discretionary ETF by 110.0% in the first quarter. Bessemer Group Inc. now owns 7,525 shares of the company’s stock valued at $1,403,000 after purchasing an additional 3,942 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Global Consumer Discretionary ETF by 14.3% in the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after purchasing an additional 414 shares during the last quarter. Finally, Strengthening Families & Communities LLC acquired a new position in shares of iShares Global Consumer Discretionary ETF in the third quarter valued at $118,000.

iShares Global Consumer Discretionary ETF Trading Down 1.7%

Shares of NYSEARCA:RXI traded down $3.38 on Friday, hitting $195.36. The company had a trading volume of 28,365 shares, compared to its average volume of 9,587. iShares Global Consumer Discretionary ETF has a 1-year low of $180.68 and a 1-year high of $213.77. The stock has a market cap of $263.74 million, a price-to-earnings ratio of 19.64 and a beta of 1.06. The stock has a 50 day moving average price of $193.97 and a 200 day moving average price of $201.86.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary 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 the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.