iShares Global Industrials ETF (NYSEARCA:EXI) Sees Large Drop in Short Interest

iShares Global Industrials ETF (NYSEARCA:EXI) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,307 shares, a drop of 83.7% from the July 15th total of 20,248 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 36,982 shares, the short-interest ratio is presently 0.1 days.

iShares Global Industrials ETF Trading Down 0.0%

Shares of iShares Global Industrials ETF stock traded down $0.07 during trading on Thursday, reaching $206.52. The company’s stock had a trading volume of 20,264 shares, compared to its average volume of 54,914. The company has a 50-day moving average price of $198.16 and a two-hundred day moving average price of $194.08. iShares Global Industrials ETF has a fifty-two week low of $165.70 and a fifty-two week high of $207.79. The firm has a market cap of $1.49 billion, a PE ratio of 22.01 and a beta of 0.98.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC grew its position in iShares Global Industrials ETF by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock valued at $437,985,000 after buying an additional 322,897 shares during the last quarter. HighTower Advisors LLC raised its position in iShares Global Industrials ETF by 2,289.1% during the 4th quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock worth $20,267,000 after buying an additional 110,749 shares during the last quarter. Van ECK Associates Corp acquired a new stake in shares of iShares Global Industrials ETF in the 4th quarter worth $7,135,000. Citadel Advisors LLC purchased a new stake in shares of iShares Global Industrials ETF in the third quarter valued at about $6,489,000. Finally, Ameriprise Financial Inc. purchased a new stake in shares of iShares Global Industrials ETF in the third quarter valued at about $6,170,000.

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.