iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 110,534 shares, a growth of 127.1% from the May 14th total of 48,667 shares. Approximately 3.2% of the company’s shares are short sold. Based on an average daily trading volume, of 55,409 shares, the days-to-cover ratio is presently 2.0 days.
Hedge Funds Weigh In On iShares MSCI Agriculture Producers ETF
Several institutional investors have recently modified their holdings of the business. Glenmede Trust Co. NA bought a new stake in iShares MSCI Agriculture Producers ETF during the 1st quarter worth approximately $40,000. Sound Income Strategies LLC acquired a new stake in iShares MSCI Agriculture Producers ETF during the 1st quarter worth approximately $27,000. Nations Financial Group Inc. IA ADV bought a new position in iShares MSCI Agriculture Producers ETF in the first quarter valued at approximately $871,000. Commonwealth Retirement Investments LLC bought a new position in iShares MSCI Agriculture Producers ETF in the fourth quarter valued at approximately $46,000. Finally, Verity Asset Management Inc. acquired a new position in shares of iShares MSCI Agriculture Producers ETF in the fourth quarter valued at approximately $665,000.
iShares MSCI Agriculture Producers ETF Trading Up 1.4%
NYSEARCA:VEGI opened at $43.94 on Friday. iShares MSCI Agriculture Producers ETF has a 1 year low of $38.00 and a 1 year high of $47.27. The stock has a market cap of $153.79 million, a price-to-earnings ratio of 18.90 and a beta of 0.66. The stock has a 50-day moving average price of $45.03 and a two-hundred day moving average price of $43.30.
iShares MSCI Agriculture Producers ETF Company Profile
The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.
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