iShares Global Utilities ETF (NYSEARCA:JXI) Short Interest Update

iShares Global Utilities ETF (NYSEARCA:JXI) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 14,309 shares, an increase of 112.4% from the December 15th total of 6,736 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 22,205 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 22,205 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are sold short.

iShares Global Utilities ETF Stock Performance

Shares of JXI traded up $0.77 during midday trading on Wednesday, hitting $79.75. 12,532 shares of the stock traded hands, compared to its average volume of 30,792. The business’s 50 day moving average price is $79.50 and its two-hundred day moving average price is $77.58. The firm has a market capitalization of $255.20 million, a PE ratio of 16.92 and a beta of 0.64. iShares Global Utilities ETF has a 1-year low of $63.46 and a 1-year high of $82.11.

Institutional Trading of iShares Global Utilities ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JXI. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Global Utilities ETF in the second quarter worth about $31,000. SBI Securities Co. Ltd. lifted its position in shares of iShares Global Utilities ETF by 16.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,546 shares of the exchange traded fund’s stock worth $188,000 after buying an additional 368 shares during the period. Milestone Asset Management Group LLC acquired a new stake in iShares Global Utilities ETF in the 3rd quarter valued at $214,000. Flow Traders U.S. LLC acquired a new position in iShares Global Utilities ETF during the second quarter worth $226,000. Finally, Creative Planning lifted its holdings in shares of iShares Global Utilities ETF by 13.6% during the third quarter. Creative Planning now owns 3,409 shares of the exchange traded fund’s stock valued at $265,000 after acquiring an additional 409 shares during the period.

iShares Global Utilities ETF Company Profile

iShares Global Utilities ETF, formerly iShares S&P Global Utilities Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Utilities Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index and measures the performance of companies that the Index provider deems to be part of the utilities sector of the economy. The Fund invests in sectors, such as retailing, media, automobile and components, consumer services, consumer durable and apparel, S-T securities and other.