iShares Global Financials ETF (NYSEARCA:IXG) Short Interest Down 92.0% in March

iShares Global Financials ETF (NYSEARCA:IXG) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,085 shares, a decrease of 92.0% from the February 26th total of 25,966 shares. Based on an average daily volume of 105,731 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 105,731 shares, the days-to-cover ratio is currently 0.0 days.

iShares Global Financials ETF Price Performance

NYSEARCA:IXG traded down $0.37 during trading hours on Tuesday, reaching $112.61. The company’s stock had a trading volume of 11,213 shares, compared to its average volume of 47,434. The company has a market cap of $613.72 million, a price-to-earnings ratio of 14.77 and a beta of 0.93. iShares Global Financials ETF has a one year low of $88.04 and a one year high of $124.32. The business’s 50-day moving average is $118.93 and its 200-day moving average is $117.69.

Institutional Trading of iShares Global Financials ETF

Several large investors have recently made changes to their positions in the stock. World Investment Advisors bought a new position in shares of iShares Global Financials ETF in the 4th quarter valued at approximately $414,000. Beacon Pointe Advisors LLC bought a new position in shares of iShares Global Financials ETF in the fourth quarter valued at approximately $409,000. Hilltop Holdings Inc. grew its stake in iShares Global Financials ETF by 32.5% in the 4th quarter. Hilltop Holdings Inc. now owns 6,257 shares of the company’s stock valued at $756,000 after buying an additional 1,535 shares during the last quarter. Osaic Holdings Inc. raised its holdings in iShares Global Financials ETF by 1.4% in the 4th quarter. Osaic Holdings Inc. now owns 34,061 shares of the company’s stock worth $4,117,000 after acquiring an additional 478 shares during the period. Finally, Royal Bank of Canada lifted its position in iShares Global Financials ETF by 7.7% during the 4th quarter. Royal Bank of Canada now owns 37,747 shares of the company’s stock worth $4,559,000 after acquiring an additional 2,694 shares during the last quarter.

iShares Global Financials ETF Company Profile

Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of companies that Standard & Poor’s deems part of the financial sector of the economy and important to global markets, as represented by the S&P Global 1200 Financials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.