iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Sees Significant Increase in Short Interest

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,803 shares, an increase of 34.2% from the December 15th total of 7,303 shares. Based on an average daily volume of 13,304 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 13,304 shares, the short-interest ratio is presently 0.7 days.

iShares MSCI Agriculture Producers ETF Stock Performance

iShares MSCI Agriculture Producers ETF stock traded down $0.26 during mid-day trading on Friday, reaching $41.37. The company’s stock had a trading volume of 28,654 shares, compared to its average volume of 25,087. The firm’s fifty day moving average price is $39.22 and its two-hundred day moving average price is $39.63. iShares MSCI Agriculture Producers ETF has a 12-month low of $33.13 and a 12-month high of $41.65. The company has a market capitalization of $91.01 million, a P/E ratio of 18.90 and a beta of 0.81.

Institutional Trading of iShares MSCI Agriculture Producers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Agriculture Producers ETF during the 2nd quarter valued at $2,304,000. Red Tortoise LLC purchased a new stake in shares of iShares MSCI Agriculture Producers ETF in the 3rd quarter valued at about $981,000. BNP Paribas boosted its position 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 valued at $524,000 after acquiring an additional 685 shares during the last quarter. Finally, CX Institutional grew its holdings in shares of iShares MSCI Agriculture Producers ETF by 126.5% during the third quarter. CX Institutional now owns 974 shares of the company’s stock worth $38,000 after purchasing an additional 544 shares in the last quarter.

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.