iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Stock Short Interest Declines 81.3%

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 1,167 shares, a decline of 81.3% from the August 31st total of 6,249 shares. Based on an average daily trading volume, of 53,354 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

iShares Global Consumer Discretionary ETF Price Performance

Shares of NYSEARCA:RXI traded up $1.13 during mid-day trading on Friday, reaching $187.32. 17,456 shares of the company traded hands, compared to its average volume of 13,291. The company’s 50 day moving average price is $196.21 and its 200-day moving average price is $195.37. The firm has a market cap of $299.71 million, a PE ratio of 19.64 and a beta of 1.05. iShares Global Consumer Discretionary ETF has a 52 week low of $180.68 and a 52 week high of $213.77.

Institutional Trading of iShares Global Consumer Discretionary ETF

An institutional investor recently raised its position in iShares Global Consumer Discretionary ETF stock. Bessemer Group Inc. increased its position in shares of iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) by 110.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,525 shares of the company’s stock after purchasing an additional 3,942 shares during the period. Bessemer Group Inc. owned 0.56% of iShares Global Consumer Discretionary ETF worth $1,403,000 at the end of the most recent reporting period.

About iShares Global Consumer Discretionary ETF

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.