iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Up 114.6% in April

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 16,073 shares, a growth of 114.6% from the April 15th total of 7,491 shares. Based on an average daily volume of 80,172 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are sold short.

iShares MSCI Agriculture Producers ETF Stock Down 1.1%

Shares of iShares MSCI Agriculture Producers ETF stock opened at $45.03 on Friday. iShares MSCI Agriculture Producers ETF has a 12-month low of $38.00 and a 12-month high of $47.27. The company has a market capitalization of $157.61 million, a price-to-earnings ratio of 18.90 and a beta of 0.69. The firm’s 50-day moving average price is $45.43 and its two-hundred day moving average price is $42.57.

Institutional Trading of iShares MSCI Agriculture Producers ETF

Large investors have recently made changes to their positions in the company. Sound Income Strategies LLC bought a new position in iShares MSCI Agriculture Producers ETF in the first quarter valued at approximately $27,000. Nations Financial Group Inc. IA ADV bought a new stake in iShares MSCI Agriculture Producers ETF during the first quarter worth $871,000. Commonwealth Retirement Investments LLC bought a new stake in iShares MSCI Agriculture Producers ETF during the fourth quarter worth $46,000. Verity Asset Management Inc. acquired a new stake in shares of iShares MSCI Agriculture Producers ETF in the 4th quarter valued at $665,000. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of iShares MSCI Agriculture Producers ETF by 5.6% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 90,190 shares of the company’s stock valued at $3,479,000 after purchasing an additional 4,800 shares in the last quarter.

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.