iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,240 shares, an increase of 177.6% from the September 15th total of 1,167 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 19,385 shares, the days-to-cover ratio is currently 0.2 days.
iShares Global Consumer Discretionary ETF Stock Performance
Shares of NYSEARCA RXI traded down $1.03 during midday trading on Monday, reaching $188.23. The stock had a trading volume of 5,038 shares, compared to its average volume of 13,611. The stock has a 50-day moving average of $194.75 and a 200-day moving average of $195.06. The company has a market capitalization of $301.17 million, a price-to-earnings ratio of 19.64 and a beta of 1.07. iShares Global Consumer Discretionary ETF has a 12-month low of $180.68 and a 12-month high of $213.77.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in iShares Global Consumer Discretionary ETF stock. Bessemer Group Inc. increased its position in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI – Free Report) by 110.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 7,525 shares of the company’s stock after buying an additional 3,942 shares during the period. Bessemer Group Inc. owned about 0.56% of iShares Global Consumer Discretionary ETF worth $1,403,000 at the end of the most recent quarter.
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.
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