iShares Global Utilities ETF (NYSEARCA:JXI) Short Interest Up 275.9% in February

iShares Global Utilities ETF (NYSEARCA:JXI) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 44,303 shares, a growth of 275.9% from the January 29th total of 11,787 shares. Based on an average daily volume of 26,111 shares, the short-interest ratio is currently 1.7 days. Approximately 1.3% of the company’s shares are short sold. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 26,111 shares, the short-interest ratio is currently 1.7 days.

iShares Global Utilities ETF Stock Performance

Shares of JXI opened at $89.32 on Friday. The company has a market capitalization of $294.76 million, a PE ratio of 16.92 and a beta of 0.64. The company’s 50 day moving average price is $81.89 and its 200 day moving average price is $79.57. iShares Global Utilities ETF has a 52 week low of $63.46 and a 52 week high of $89.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Barings LLC acquired a new position in shares of iShares Global Utilities ETF during the 3rd quarter worth about $7,976,000. LPL Financial LLC increased its position in iShares Global Utilities ETF by 181.4% during the fourth quarter. LPL Financial LLC now owns 120,786 shares of the exchange traded fund’s stock worth $9,500,000 after acquiring an additional 77,865 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares Global Utilities ETF by 480,591.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 57,683 shares of the exchange traded fund’s stock valued at $4,537,000 after purchasing an additional 57,671 shares during the last quarter. Guardian Partners Inc. bought a new stake in shares of iShares Global Utilities ETF in the fourth quarter valued at about $4,098,000. Finally, Susquehanna International Group LLP increased its stake in iShares Global Utilities ETF by 246.3% during the third quarter. Susquehanna International Group LLP now owns 52,723 shares of the exchange traded fund’s stock valued at $4,094,000 after acquiring an additional 37,499 shares during the period.

iShares Global Utilities ETF Company Profile

iShares Global Utilities ETF, formerly iShares S&P Global Utilities Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Utilities Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that the Index provider deems to be part of the utilities sector of the economy. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.