iShares Global Industrials ETF (NYSEARCA:EXI) Shares Shorted: Short Interest Down 66.4% in October

iShares Global Industrials ETF (NYSEARCA:EXI) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 7,337 shares, a decline of 66.4% from the September 30th total of 21,854 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 79,539 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of iShares Global Industrials ETF

A number of institutional investors have recently added to or reduced their stakes in EXI. Bank of America Corp DE increased its holdings in iShares Global Industrials ETF by 1.1% in the first quarter. Bank of America Corp DE now owns 113,061 shares of the company’s stock valued at $20,465,000 after buying an additional 1,228 shares in the last quarter. Slow Capital Inc. acquired a new stake in shares of iShares Global Industrials ETF in the 3rd quarter worth approximately $1,729,000. NTV Asset Management LLC purchased a new position in iShares Global Industrials ETF in the 3rd quarter valued at approximately $1,533,000. Patriot Investment Management Group Inc. purchased a new position in iShares Global Industrials ETF in the 3rd quarter valued at approximately $1,070,000. Finally, Fifth Third Bancorp increased its stake in iShares Global Industrials ETF by 405.3% in the 1st quarter. Fifth Third Bancorp now owns 4,346 shares of the company’s stock valued at $787,000 after purchasing an additional 3,486 shares in the last quarter.

iShares Global Industrials ETF Trading Up 0.8%

Shares of NYSEARCA:EXI traded up $1.47 on Thursday, reaching $190.10. 35,806 shares of the company were exchanged, compared to its average volume of 57,991. iShares Global Industrials ETF has a 1-year low of $165.70 and a 1-year high of $207.79. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 22.01 and a beta of 0.99. The company has a 50-day moving average of $192.56 and a 200-day moving average of $193.52.

About iShares Global Industrials ETF

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.