iShares S&P 100 ETF (NYSEARCA:OEF) Short Interest Up 72.5% in July

iShares S&P 100 ETF (NYSEARCA:OEF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 129,861 shares, an increase of 72.5% from the July 15th total of 75,274 shares. Based on an average daily volume of 294,505 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of iShares S&P 100 ETF

Several hedge funds have recently added to or reduced their stakes in OEF. Aviance Capital Partners LLC lifted its holdings in shares of iShares S&P 100 ETF by 0.3% during the 4th quarter. Aviance Capital Partners LLC now owns 10,574 shares of the company’s stock valued at $3,627,000 after purchasing an additional 30 shares during the last quarter. PFG Advisors raised its position in iShares S&P 100 ETF by 1.9% during the 4th quarter. PFG Advisors now owns 1,869 shares of the company’s stock worth $641,000 after buying an additional 34 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in iShares S&P 100 ETF by 1.0% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 3,610 shares of the company’s stock valued at $1,238,000 after purchasing an additional 35 shares during the period. Beacon Bridge Wealth Partners LLC boosted its stake in shares of iShares S&P 100 ETF by 2.0% in the fourth quarter. Beacon Bridge Wealth Partners LLC now owns 1,793 shares of the company’s stock worth $615,000 after buying an additional 35 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in iShares S&P 100 ETF by 2.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 1,774 shares of the company’s stock worth $564,000 after purchasing an additional 35 shares in the last quarter.

iShares S&P 100 ETF Stock Performance

OEF stock traded down $1.84 during mid-day trading on Monday, reaching $380.69. The company had a trading volume of 152,821 shares, compared to its average volume of 826,536. The firm has a fifty day simple moving average of $368.98 and a 200 day simple moving average of $352.90. The company has a market capitalization of $20.42 billion, a price-to-earnings ratio of 27.17 and a beta of 1.03. iShares S&P 100 ETF has a fifty-two week low of $306.84 and a fifty-two week high of $384.82.

iShares S&P 100 ETF Company Profile

iShares S&P 100 ETF, formerly iShares S&P 100 Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.