iShares Global Industrials ETF (NYSEARCA:EXI) Short Interest Update

iShares Global Industrials ETF (NYSEARCA:EXI) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 3,307 shares, a drop of 83.7% from the July 15th total of 20,248 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 36,982 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Global Industrials ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wellington Grp LLC acquired a new position in shares of iShares Global Industrials ETF in the 1st quarter valued at $28,000. Bank of America Corp DE grew its stake in iShares Global Industrials ETF by 1.1% during the 1st quarter. Bank of America Corp DE now owns 113,061 shares of the company’s stock valued at $20,465,000 after purchasing an additional 1,228 shares during the last quarter. Bartlett & CO. Wealth Management LLC purchased a new stake in iShares Global Industrials ETF during the 1st quarter valued at about $192,000. Assetmark Inc. increased its holdings in shares of iShares Global Industrials ETF by 47.0% in the first quarter. Assetmark Inc. now owns 194 shares of the company’s stock valued at $35,000 after purchasing an additional 62 shares during the period. Finally, Bessemer Group Inc. increased its holdings in shares of iShares Global Industrials ETF by 18.3% in the first quarter. Bessemer Group Inc. now owns 1,899 shares of the company’s stock valued at $344,000 after purchasing an additional 294 shares during the period.

iShares Global Industrials ETF Stock Up 0.6%

Shares of EXI traded up $1.14 during mid-day trading on Wednesday, hitting $206.56. 3,195 shares of the company traded hands, compared to its average volume of 55,046. The company has a market capitalization of $1.49 billion, a PE ratio of 22.01 and a beta of 0.98. The business has a 50 day moving average of $197.71 and a 200 day moving average of $193.79. iShares Global Industrials ETF has a 1-year low of $165.70 and a 1-year high of $207.79.

About iShares Global Industrials ETF

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector 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 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.