iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Sees Large Increase in Short Interest

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 9,803 shares, a growth of 34.2% from the December 15th total of 7,303 shares. Based on an average daily volume of 13,304 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 13,304 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of iShares MSCI Agriculture Producers ETF

A number of hedge funds have recently bought and sold shares of VEGI. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Agriculture Producers ETF during the second quarter valued at about $2,304,000. Red Tortoise LLC acquired a new position in shares of iShares MSCI Agriculture Producers ETF in the 3rd quarter valued at $981,000. CX Institutional boosted its position in shares of iShares MSCI Agriculture Producers ETF by 126.5% during the 3rd quarter. CX Institutional now owns 974 shares of the company’s stock valued at $38,000 after acquiring an additional 544 shares in the last quarter. Finally, BNP Paribas raised its position in iShares MSCI Agriculture Producers ETF by 5.6% in the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after purchasing an additional 685 shares in the last quarter.

iShares MSCI Agriculture Producers ETF Stock Down 0.6%

VEGI opened at $41.37 on Monday. The stock’s 50 day moving average price is $39.22 and its two-hundred day moving average price is $39.62. The firm has a market capitalization of $91.01 million, a P/E ratio of 18.90 and a beta of 0.81. iShares MSCI Agriculture Producers ETF has a 12-month low of $33.13 and a 12-month high of $41.65.

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.