iShares Global 100 ETF (NYSEARCA:IOO) Short Interest Up 174.4% in January

iShares Global 100 ETF (NYSEARCA:IOO) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 311,012 shares, an increase of 174.4% from the December 31st total of 113,360 shares. Based on an average daily trading volume, of 209,208 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 209,208 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On iShares Global 100 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IOO. Mascagni Wealth Management Inc. increased its holdings in iShares Global 100 ETF by 2.2% in the 3rd quarter. Mascagni Wealth Management Inc. now owns 3,988 shares of the company’s stock worth $479,000 after acquiring an additional 84 shares during the last quarter. CWM LLC increased its stake in shares of iShares Global 100 ETF by 7.1% in the fourth quarter. CWM LLC now owns 1,279 shares of the company’s stock worth $162,000 after purchasing an additional 85 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of iShares Global 100 ETF by 1.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 5,461 shares of the company’s stock valued at $692,000 after purchasing an additional 90 shares during the period. RFG Advisory LLC raised its position in shares of iShares Global 100 ETF by 1.2% in the second quarter. RFG Advisory LLC now owns 8,115 shares of the company’s stock valued at $875,000 after purchasing an additional 94 shares during the period. Finally, Unique Wealth LLC lifted its stake in shares of iShares Global 100 ETF by 2.0% during the 3rd quarter. Unique Wealth LLC now owns 5,021 shares of the company’s stock valued at $603,000 after buying an additional 99 shares in the last quarter.

iShares Global 100 ETF Trading Down 0.2%

Shares of NYSEARCA IOO opened at $128.84 on Friday. The firm has a market capitalization of $8.14 billion, a P/E ratio of 24.21 and a beta of 0.93. The firm’s 50-day moving average price is $127.08 and its 200-day moving average price is $121.15. iShares Global 100 ETF has a 1-year low of $82.79 and a 1-year high of $130.15.

iShares Global 100 ETF Company Profile

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 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 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.