iShares Global 100 ETF (NYSEARCA:IOO) Short Interest Down 42.9% in December

iShares Global 100 ETF (NYSEARCA:IOO) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 115,184 shares, a decline of 42.9% from the November 30th total of 201,601 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 289,375 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 289,375 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

iShares Global 100 ETF Price Performance

NYSEARCA IOO traded up $0.29 on Friday, reaching $127.80. 76,628 shares of the company’s stock traded hands, compared to its average volume of 192,605. The stock has a market cap of $7.94 billion, a PE ratio of 24.21 and a beta of 0.93. iShares Global 100 ETF has a 12 month low of $82.79 and a 12 month high of $127.97. The stock has a 50-day simple moving average of $125.24 and a 200 day simple moving average of $117.64.

Hedge Funds Weigh In On iShares Global 100 ETF

A number of large investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC boosted its position in iShares Global 100 ETF by 605.9% during the second quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after buying an additional 206 shares during the period. Financial Consulate Inc. purchased a new position in shares of iShares Global 100 ETF in the third quarter worth about $33,000. First Horizon Advisors Inc. bought a new stake in shares of iShares Global 100 ETF in the 2nd quarter valued at about $39,000. N.E.W. Advisory Services LLC boosted its holdings in iShares Global 100 ETF by 146.2% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 384 shares of the company’s stock valued at $46,000 after acquiring an additional 228 shares during the period. Finally, Rossmore Private Capital purchased a new stake in iShares Global 100 ETF during the 3rd quarter valued at about $48,000.

About iShares Global 100 ETF

iShares Global 100 ETF (the Fund), formerly iShares S&P Global 100 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 100 Index (the Index). The Index is designed to measure the performance of 100 large-capitalization global companies. These companies are liquid and represent some of the multi-national businesses in the world. The Index is a subset of the S&P Global 1200 Index, and consists of 100 common stocks, screened for sector representation, liquidity and size.