iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Update

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 62,270 shares, an increase of 535.2% from the December 31st total of 9,803 shares. Based on an average daily trading volume, of 24,773 shares, the short-interest ratio is presently 2.5 days. Approximately 2.6% of the shares of the company are short sold. Approximately 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 24,773 shares, the short-interest ratio is presently 2.5 days.

iShares MSCI Agriculture Producers ETF Price Performance

VEGI traded down $0.02 during trading hours on Wednesday, hitting $42.56. 31,723 shares of the stock were exchanged, compared to its average volume of 23,351. The stock has a market cap of $100.02 million, a price-to-earnings ratio of 18.90 and a beta of 0.81. The stock has a 50-day simple moving average of $39.62 and a 200-day simple moving average of $39.67. iShares MSCI Agriculture Producers ETF has a 12 month low of $33.13 and a 12 month high of $42.72.

Hedge Funds Weigh In On iShares MSCI Agriculture Producers ETF

Institutional investors have recently made changes to their positions in the stock. CX Institutional increased its stake in iShares MSCI Agriculture Producers ETF by 126.5% in the 3rd quarter. CX Institutional now owns 974 shares of the company’s stock worth $38,000 after purchasing an additional 544 shares in the last quarter. BNP Paribas boosted its holdings in shares of iShares MSCI Agriculture Producers ETF by 5.6% in the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after buying an additional 685 shares during the period. Red Tortoise LLC purchased a new position in shares of iShares MSCI Agriculture Producers ETF in the third quarter worth approximately $981,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Agriculture Producers ETF during the second quarter valued at approximately $2,304,000. Finally, OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of iShares MSCI Agriculture Producers ETF by 5.6% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 90,190 shares of the company’s stock valued at $3,479,000 after acquiring an additional 4,800 shares during the period.

iShares MSCI Agriculture Producers ETF Company Profile

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.