iShares Global Industrials ETF (NYSEARCA:EXI) Sees Significant Drop in Short Interest

iShares Global Industrials ETF (NYSEARCA:EXI) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 9,535 shares, a decline of 63.9% from the April 15th total of 26,380 shares. Based on an average daily volume of 84,752 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

iShares Global Industrials ETF Trading Down 0.1%

EXI stock traded down $0.11 during midday trading on Thursday, hitting $196.64. The company had a trading volume of 29,340 shares, compared to its average volume of 54,693. iShares Global Industrials ETF has a 52 week low of $156.84 and a 52 week high of $201.02. The stock’s 50 day moving average price is $189.79 and its 200 day moving average price is $184.41. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 22.01 and a beta of 1.00.

Institutional Trading of iShares Global Industrials ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its position in iShares Global Industrials ETF by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 2,497,916 shares of the company’s stock valued at $437,985,000 after purchasing an additional 322,897 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of iShares Global Industrials ETF by 2,289.1% during the fourth quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock valued at $20,267,000 after acquiring an additional 110,749 shares in the last quarter. Van ECK Associates Corp bought a new position in shares of iShares Global Industrials ETF during the fourth quarter valued at approximately $7,135,000. Citadel Advisors LLC bought a new position in shares of iShares Global Industrials ETF during the third quarter valued at approximately $6,489,000. Finally, Jane Street Group LLC raised its holdings in shares of iShares Global Industrials ETF by 57.1% during the first quarter. Jane Street Group LLC now owns 37,549 shares of the company’s stock valued at $5,459,000 after acquiring an additional 13,650 shares in the last quarter.

iShares Global Industrials ETF Company Profile

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.