Short Interest in iShares S&P 100 ETF (NYSEARCA:OEF) Rises By 96.0%

iShares S&P 100 ETF (NYSEARCA:OEF) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 177,042 shares, a growth of 96.0% from the June 15th total of 90,335 shares. Based on an average daily trading volume, of 330,265 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

iShares S&P 100 ETF Price Performance

NYSEARCA:OEF traded down $2.71 during mid-day trading on Thursday, reaching $371.19. The company’s stock had a trading volume of 173,270 shares, compared to its average volume of 921,393. The stock has a market cap of $20.38 billion, a P/E ratio of 27.17 and a beta of 1.03. The company’s fifty day simple moving average is $368.34 and its two-hundred day simple moving average is $348.34. iShares S&P 100 ETF has a twelve month low of $306.18 and a twelve month high of $379.02.

Institutional Investors Weigh In On iShares S&P 100 ETF

A number of institutional investors have recently bought and sold shares of the stock. First Trust Advisors LP lifted its position in iShares S&P 100 ETF by 84.9% during the second quarter. First Trust Advisors LP now owns 5,736 shares of the company’s stock valued at $1,746,000 after buying an additional 2,633 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of iShares S&P 100 ETF by 78.4% in the second quarter. Qube Research & Technologies Ltd now owns 2,233 shares of the company’s stock worth $680,000 after acquiring an additional 981 shares in the last quarter. HUB Investment Partners LLC purchased a new position in shares of iShares S&P 100 ETF in the 2nd quarter valued at $209,000. Diversify Advisory Services LLC lifted its holdings in shares of iShares S&P 100 ETF by 3.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,970 shares of the company’s stock valued at $1,269,000 after acquiring an additional 135 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 100 ETF during the 2nd quarter valued at $1,269,000.

About iShares S&P 100 ETF

iShares S&P 100 ETF, formerly iShares S&P 100 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 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.