iShares Global 100 ETF (NYSEARCA:IOO) Short Interest Update

iShares Global 100 ETF (NYSEARCA:IOO) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 344,270 shares, a decline of 51.1% from the July 30th total of 704,261 shares. Based on an average daily trading volume, of 351,444 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Henrickson Nauta Wealth Advisors Inc. bought a new stake in shares of iShares Global 100 ETF during the second quarter valued at approximately $203,000. Asset Allocation Strategies LLC raised its holdings in iShares Global 100 ETF by 5.0% in the second quarter. Asset Allocation Strategies LLC now owns 146,999 shares of the company’s stock worth $20,080,000 after purchasing an additional 7,058 shares in the last quarter. Trust Co. of Vermont bought a new position in iShares Global 100 ETF in the second quarter worth $175,000. Focus Financial Network Inc. lifted its position in iShares Global 100 ETF by 2.9% during the second quarter. Focus Financial Network Inc. now owns 23,376 shares of the company’s stock valued at $3,193,000 after buying an additional 652 shares during the period. Finally, Sax Wealth Advisors LLC purchased a new position in iShares Global 100 ETF during the second quarter valued at $288,000.

iShares Global 100 ETF Price Performance

IOO stock traded up $0.04 during trading on Friday, reaching $144.85. The company had a trading volume of 71,490 shares, compared to its average volume of 217,662. iShares Global 100 ETF has a 52 week low of $112.68 and a 52 week high of $146.68. The business has a 50 day moving average of $140.46 and a 200 day moving average of $134.72. The company has a market cap of $9.16 billion, a P/E ratio of 24.21 and a beta of 0.95.

iShares Global 100 ETF Company Profile

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.