iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Update

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 7,303 shares, a growth of 162.1% from the November 30th total of 2,786 shares. Based on an average daily volume of 8,501 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 8,501 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. CX Institutional grew its holdings in shares of iShares MSCI Agriculture Producers ETF by 126.5% in the third quarter. CX Institutional now owns 974 shares of the company’s stock valued at $38,000 after purchasing an additional 544 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Agriculture Producers ETF in the 1st quarter valued at approximately $297,000. BNP Paribas increased its holdings in shares of iShares MSCI Agriculture Producers ETF by 5.6% during the 2nd quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after buying an additional 685 shares during the last quarter. Red Tortoise LLC acquired a new stake in shares of iShares MSCI Agriculture Producers ETF during the 3rd quarter worth approximately $981,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Agriculture Producers ETF during the 2nd quarter valued at approximately $2,304,000.

iShares MSCI Agriculture Producers ETF Trading Up 0.1%

VEGI stock traded up $0.02 during midday trading on Friday, reaching $38.83. The stock had a trading volume of 33,835 shares, compared to its average volume of 16,231. iShares MSCI Agriculture Producers ETF has a 52-week low of $33.13 and a 52-week high of $41.36. The company’s fifty day simple moving average is $39.00 and its 200 day simple moving average is $39.74. The company has a market cap of $85.43 million, a price-to-earnings ratio of 18.90 and a beta of 0.81.

About iShares MSCI Agriculture Producers ETF

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.