Short Interest in iShares Global 100 ETF (NYSEARCA:IOO) Rises By 174.4%

iShares Global 100 ETF (NYSEARCA:IOO) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 311,012 shares, a growth of 174.4% from the December 31st total of 113,360 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 209,208 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 209,208 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company’s shares are short sold.

iShares Global 100 ETF Stock Down 0.2%

Shares of IOO opened at $128.84 on Friday. iShares Global 100 ETF has a 52-week low of $82.79 and a 52-week high of $130.15. The stock has a fifty day simple moving average of $127.08 and a two-hundred day simple moving average of $121.15. The company has a market capitalization of $8.14 billion, a PE ratio of 24.21 and a beta of 0.93.

Institutional Trading of iShares Global 100 ETF

Hedge funds have recently made changes to their positions in the company. Hershey Financial Advisers LLC acquired a new position in shares of iShares Global 100 ETF in the 2nd quarter worth approximately $458,000. Farther Finance Advisors LLC lifted its stake in iShares Global 100 ETF by 8,746.6% during the third quarter. Farther Finance Advisors LLC now owns 18,047 shares of the company’s stock worth $2,166,000 after purchasing an additional 17,843 shares in the last quarter. EWG Elevate Inc. acquired a new stake in shares of iShares Global 100 ETF in the third quarter valued at $1,113,000. Fischer Investment Strategies LLC boosted its holdings in iShares Global 100 ETF by 50.0% during the 2nd quarter. Fischer Investment Strategies LLC now owns 14,291 shares of the company’s stock valued at $1,541,000 after acquiring an additional 4,761 shares during the period. Finally, Cozad Asset Management Inc. acquired a new position in iShares Global 100 ETF in the 2nd quarter valued at about $341,000.

iShares Global 100 ETF Company Profile

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 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 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.