iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) Short Interest Update

iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,703,278 shares, a growth of 55.3% from the July 15th total of 1,097,020 shares. Based on an average daily trading volume, of 810,058 shares, the days-to-cover ratio is presently 2.1 days. Currently, 8.5% of the company’s shares are sold short.

iShares MSCI Global Metals & Mining Producers ETF Stock Up 1.6%

BATS PICK opened at $63.05 on Tuesday. The stock’s 50 day moving average is $59.98 and its 200 day moving average is $60.61. iShares MSCI Global Metals & Mining Producers ETF has a twelve month low of $39.61 and a twelve month high of $69.02. The firm has a market capitalization of $1.26 billion, a PE ratio of 13.28 and a beta of 1.08.

Institutional Trading of iShares MSCI Global Metals & Mining Producers ETF

A number of large investors have recently made changes to their positions in PICK. Vestor Capital LLC bought a new position in shares of iShares MSCI Global Metals & Mining Producers ETF during the 1st quarter valued at $11,714,000. Confluence Investment Management LLC boosted its stake in iShares MSCI Global Metals & Mining Producers ETF by 5.7% in the 2nd quarter. Confluence Investment Management LLC now owns 152,199 shares of the company’s stock worth $8,850,000 after purchasing an additional 8,227 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI Global Metals & Mining Producers ETF by 6.3% during the third quarter. Ameriprise Financial Inc. now owns 92,778 shares of the company’s stock worth $4,123,000 after acquiring an additional 5,525 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of iShares MSCI Global Metals & Mining Producers ETF by 36.3% during the 2nd quarter. CoreCap Advisors LLC now owns 81,242 shares of the company’s stock valued at $4,724,000 after purchasing an additional 21,628 shares during the last quarter. Finally, Allied Investment Advisors LLC purchased a new position in iShares MSCI Global Metals & Mining Producers ETF during the 4th quarter valued at approximately $3,613,000.

iShares MSCI Global Metals & Mining Producers ETF Company Profile

The iShares MSCI Global Metals & Mining Producers ETF (PICK) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global metals mining, extraction or production firms, excluding gold and silver mining firms. PICK was launched on Jan 31, 2012 and is managed by BlackRock.