iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Short Interest Up 260.5% in February

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,277 shares, a growth of 260.5% from the February 12th total of 1,464 shares. Based on an average daily volume of 18,252 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 18,252 shares, the days-to-cover ratio is currently 0.3 days.

iShares Global Consumer Discretionary ETF Trading Down 0.2%

RXI traded down $0.45 during midday trading on Wednesday, hitting $195.18. The company’s stock had a trading volume of 982 shares, compared to its average volume of 12,414. iShares Global Consumer Discretionary ETF has a 52-week low of $155.32 and a 52-week high of $213.77. The firm has a 50-day moving average price of $205.89 and a two-hundred day moving average price of $205.24. The firm has a market cap of $263.49 million, a P/E ratio of 19.64 and a beta of 1.07.

Hedge Funds Weigh In On iShares Global Consumer Discretionary ETF

A number of large investors have recently bought and sold shares of RXI. Integrated Wealth Concepts LLC boosted its holdings in iShares Global Consumer Discretionary ETF by 31.7% in the first quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock valued at $423,000 after acquiring an additional 574 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in iShares Global Consumer Discretionary ETF in the third quarter valued at about $4,061,000. Jones Financial Companies Lllp lifted its stake in shares of iShares Global Consumer Discretionary ETF by 14.3% during the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock worth $684,000 after purchasing an additional 414 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of iShares Global Consumer Discretionary ETF in the third quarter valued at about $118,000.

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.