iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Down 18.6% in January

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 50,697 shares, a decrease of 18.6% from the January 15th total of 62,270 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average daily trading volume, of 23,794 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily trading volume, of 23,794 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Agriculture Producers ETF during the 2nd quarter valued at about $2,304,000. Red Tortoise LLC bought a new position in iShares MSCI Agriculture Producers ETF during the third quarter valued at approximately $981,000. Verity Asset Management Inc. acquired a new stake in iShares MSCI Agriculture Producers ETF in the fourth quarter valued at approximately $665,000. OVERSEA CHINESE BANKING Corp Ltd grew its position in iShares MSCI Agriculture Producers ETF by 5.6% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 90,190 shares of the company’s stock worth $3,479,000 after acquiring an additional 4,800 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in iShares MSCI Agriculture Producers ETF in the fourth quarter worth approximately $46,000.

iShares MSCI Agriculture Producers ETF Stock Down 0.5%

iShares MSCI Agriculture Producers ETF stock opened at $45.64 on Wednesday. iShares MSCI Agriculture Producers ETF has a 12 month low of $33.13 and a 12 month high of $46.51. The stock has a market cap of $107.25 million, a P/E ratio of 18.90 and a beta of 0.81. The company’s fifty day simple moving average is $41.23 and its 200-day simple moving average is $40.08.

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.