iShares Global Industrials ETF (NYSEARCA:EXI) Sees Significant Drop in Short Interest
by Doug Wharley · The Cerbat GemiShares Global Industrials ETF (NYSEARCA:EXI – Get Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 9,535 shares, a decrease of 63.9% from the April 15th total of 26,380 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 84,752 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On iShares Global Industrials ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in EXI. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares Global Industrials ETF by 62.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 174 shares of the company’s stock valued at $31,000 after acquiring an additional 67 shares in the last quarter. Arax Advisory Partners bought a new position in shares of iShares Global Industrials ETF during the fourth quarter valued at approximately $31,000. Assetmark Inc. grew its stake in iShares Global Industrials ETF by 47.0% in the first quarter. Assetmark Inc. now owns 194 shares of the company’s stock worth $35,000 after purchasing an additional 62 shares during the period. Kestra Advisory Services LLC purchased a new stake in iShares Global Industrials ETF in the fourth quarter worth $42,000. Finally, Capital Investment Counsel Inc purchased a new stake in iShares Global Industrials ETF in the fourth quarter worth $43,000.
iShares Global Industrials ETF Stock Performance
Shares of iShares Global Industrials ETF stock traded down $0.11 during midday trading on Thursday, reaching $196.64. 29,340 shares of the company’s stock traded hands, compared to its average volume of 54,693. The company has a market cap of $1.38 billion, a PE ratio of 22.01 and a beta of 1.00. The stock has a 50 day moving average of $189.79 and a 200-day moving average of $184.41. iShares Global Industrials ETF has a 12 month low of $156.84 and a 12 month high of $201.02.
iShares Global Industrials ETF Company Profile
iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.