iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Short Interest Up 27.7% in January

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 4,781 shares, a growth of 27.7% from the January 15th total of 3,745 shares. Based on an average daily volume of 6,793 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 6,793 shares, the days-to-cover ratio is currently 0.7 days.

iShares Global Consumer Discretionary ETF Price Performance

Shares of NYSEARCA:RXI traded up $0.37 during trading on Monday, reaching $205.03. 5,995 shares of the company’s stock traded hands, compared to its average volume of 12,163. The stock has a market capitalization of $276.79 million, a P/E ratio of 19.64 and a beta of 1.07. iShares Global Consumer Discretionary ETF has a 12 month low of $155.32 and a 12 month high of $213.77. The company has a 50 day moving average of $207.72 and a 200-day moving average of $204.18.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RXI. Integrated Wealth Concepts LLC grew its stake in iShares Global Consumer Discretionary ETF by 31.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock worth $423,000 after buying an additional 574 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Global Consumer Discretionary ETF by 14.3% during the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock worth $684,000 after acquiring an additional 414 shares during the last quarter. Strengthening Families & Communities LLC acquired a new stake in shares of iShares Global Consumer Discretionary ETF in the 3rd quarter worth about $118,000. Finally, Flow Traders U.S. LLC bought a new stake in iShares Global Consumer Discretionary ETF in the 3rd quarter valued at about $4,061,000.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.