iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Short Interest Down 77.5% in April

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,048 shares, a decrease of 77.5% from the April 15th total of 4,653 shares. Based on an average daily trading volume, of 3,747 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

iShares Global Consumer Discretionary ETF Stock Performance

NYSEARCA RXI traded up $2.14 during mid-day trading on Wednesday, reaching $199.43. 12,304 shares of the stock were exchanged, compared to its average volume of 9,474. The business’s 50 day moving average is $193.94 and its 200-day moving average is $201.93. iShares Global Consumer Discretionary ETF has a 1 year low of $180.68 and a 1 year high of $213.77. The company has a market capitalization of $269.23 million, a P/E ratio of 19.64 and a beta of 1.06.

Institutional Trading of iShares Global Consumer Discretionary ETF

Hedge funds have recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC purchased a new stake in iShares Global Consumer Discretionary ETF during the third quarter worth $118,000. Integrated Wealth Concepts LLC boosted its holdings in iShares Global Consumer Discretionary ETF by 31.7% during the first quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock worth $423,000 after buying an additional 574 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Global Consumer Discretionary ETF by 14.3% during the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after purchasing an additional 414 shares in the last quarter. Bessemer Group Inc. lifted its holdings in iShares Global Consumer Discretionary ETF by 110.0% during the first quarter. Bessemer Group Inc. now owns 7,525 shares of the company’s stock valued at $1,403,000 after purchasing an additional 3,942 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares Global Consumer Discretionary ETF during the third quarter valued at $4,061,000.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.