iShares Global Industrials ETF (NYSEARCA:EXI) Shares Shorted: Short Interest Down 66.4% in October

iShares Global Industrials ETF (NYSEARCA:EXI) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 7,337 shares, a decline of 66.4% from the September 30th total of 21,854 shares. Based on an average daily trading volume, of 79,539 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EXI. Latitude Advisors LLC acquired a new stake in iShares Global Industrials ETF in the third quarter valued at about $47,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of iShares Global Industrials ETF in the 3rd quarter valued at approximately $803,000. Slow Capital Inc. acquired a new stake in shares of iShares Global Industrials ETF in the 3rd quarter valued at approximately $1,729,000. Sigma Planning Corp purchased a new stake in shares of iShares Global Industrials ETF in the third quarter valued at approximately $662,000. Finally, NTV Asset Management LLC purchased a new stake in shares of iShares Global Industrials ETF in the third quarter valued at approximately $1,533,000.

iShares Global Industrials ETF Price Performance

Shares of EXI traded up $1.47 during mid-day trading on Thursday, reaching $190.10. 35,806 shares of the company’s stock were exchanged, compared to its average volume of 57,991. The stock has a market capitalization of $1.41 billion, a PE ratio of 22.01 and a beta of 0.99. The business’s fifty day simple moving average is $192.56 and its 200-day simple moving average is $193.52. iShares Global Industrials ETF has a 52-week low of $165.70 and a 52-week high of $207.79.

About iShares Global Industrials ETF

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.