iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Stock Short Interest Report for September

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 19,779 shares, a drop of 84.4% from the September 15th total of 126,733 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 47,774 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares MSCI Agriculture Producers ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV bought a new stake in shares of iShares MSCI Agriculture Producers ETF in the first quarter worth approximately $871,000. Glenmede Trust Co. NA purchased a new stake in iShares MSCI Agriculture Producers ETF in the first quarter worth about $40,000. Finally, Sound Income Strategies LLC bought a new stake in iShares MSCI Agriculture Producers ETF during the 1st quarter worth approximately $27,000.

iShares MSCI Agriculture Producers ETF Stock Down 2.4%

Shares of NYSEARCA VEGI traded down $1.07 on Friday, reaching $44.18. 24,160 shares of the company’s stock traded hands, compared to its average volume of 60,133. iShares MSCI Agriculture Producers ETF has a 12 month low of $38.00 and a 12 month high of $49.64. The company has a market cap of $165.68 million, a price-to-earnings ratio of 18.90 and a beta of 0.68. The business’s 50 day simple moving average is $46.32 and its two-hundred day simple moving average is $45.30.

About iShares MSCI Agriculture Producers ETF

The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.