iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Down 18.6% in January

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 50,697 shares, a decrease of 18.6% from the January 15th total of 62,270 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average trading volume of 23,794 shares, the short-interest ratio is presently 2.1 days. Based on an average trading volume of 23,794 shares, the short-interest ratio is presently 2.1 days. Approximately 2.2% of the shares of the company are sold short.

iShares MSCI Agriculture Producers ETF Price Performance

Shares of NYSEARCA:VEGI traded up $0.26 during trading on Monday, reaching $45.85. The company had a trading volume of 34,390 shares, compared to its average volume of 24,476. iShares MSCI Agriculture Producers ETF has a fifty-two week low of $33.13 and a fifty-two week high of $46.51. The stock’s fifty day moving average price is $40.95 and its 200 day moving average price is $40.00. The firm has a market capitalization of $107.75 million, a price-to-earnings ratio of 18.90 and a beta of 0.81.

Hedge Funds Weigh In On iShares MSCI Agriculture Producers ETF

Institutional investors have recently bought and sold shares of the company. CX Institutional lifted its stake in shares of iShares MSCI Agriculture Producers ETF by 126.5% in the 3rd quarter. CX Institutional now owns 974 shares of the company’s stock worth $38,000 after acquiring an additional 544 shares during the period. Commonwealth Retirement Investments LLC purchased a new position in iShares MSCI Agriculture Producers ETF during the fourth quarter worth about $46,000. BNP Paribas raised its holdings in iShares MSCI Agriculture Producers ETF by 5.6% during the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after purchasing an additional 685 shares in the last quarter. Verity Asset Management Inc. acquired a new stake in iShares MSCI Agriculture Producers ETF in the fourth quarter valued at about $665,000. Finally, Red Tortoise LLC purchased a new stake in iShares MSCI Agriculture Producers ETF in the 3rd quarter valued at approximately $981,000.

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.