iShares U.S. Industrials ETF (BATS:IYJ) Stock Short Interest Report for October

iShares U.S. Industrials ETF (BATS:IYJ) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 119,697 shares, an increase of 68.2% from the September 30th total of 71,160 shares. Based on an average daily volume of 137,737 shares, the short-interest ratio is presently 0.9 days. Currently, 1.0% of the shares of the company are sold short.

iShares U.S. Industrials ETF Price Performance

BATS:IYJ opened at $161.92 on Wednesday. The business has a fifty day simple moving average of $157.78 and a two-hundred day simple moving average of $158.39. iShares U.S. Industrials ETF has a 1 year low of $138.90 and a 1 year high of $171.25. The company has a market capitalization of $1.86 billion, a P/E ratio of 26.45 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IYJ. Sanctuary Advisors LLC grew its stake in iShares U.S. Industrials ETF by 17.9% in the 1st quarter. Sanctuary Advisors LLC now owns 59,996 shares of the company’s stock valued at $8,852,000 after buying an additional 9,105 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares U.S. Industrials ETF during the third quarter worth $9,288,000. NewEdge Wealth LLC purchased a new stake in shares of iShares U.S. Industrials ETF during the first quarter worth $523,000. Schuylkill Financial LLC purchased a new stake in shares of iShares U.S. Industrials ETF during the second quarter worth $968,000. Finally, Royal Bank of Canada boosted its holdings in shares of iShares U.S. Industrials ETF by 6.7% in the first quarter. Royal Bank of Canada now owns 226,294 shares of the company’s stock worth $33,388,000 after acquiring an additional 14,144 shares during the period.

iShares U.S. Industrials ETF Company Profile

iShares U.S. Industrials ETF, formerly iShares Dow Jones U.S. Industrial Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services.