iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Sees Significant Growth in Short Interest

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 8,020 shares, a growth of 89.6% from the December 15th total of 4,229 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 5,444 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 5,444 shares, the short-interest ratio is presently 1.5 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Flow Traders U.S. LLC acquired a new position in shares of iShares Global Consumer Discretionary ETF during the third quarter valued at about $4,061,000. Integrated Wealth Concepts LLC raised its stake in shares of iShares Global Consumer Discretionary ETF by 31.7% in the first quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock worth $423,000 after purchasing an additional 574 shares during the last quarter. Strengthening Families & Communities LLC purchased a new stake in shares of iShares Global Consumer Discretionary ETF in the third quarter worth approximately $118,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Global Consumer Discretionary ETF by 14.3% in the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after purchasing an additional 414 shares in the last quarter.

iShares Global Consumer Discretionary ETF Trading Down 0.8%

Shares of NYSEARCA:RXI traded down $1.65 during trading on Friday, hitting $209.27. 10,589 shares of the company were exchanged, compared to its average volume of 16,090. iShares Global Consumer Discretionary ETF has a fifty-two week low of $155.32 and a fifty-two week high of $213.77. The firm has a fifty day moving average price of $206.12 and a two-hundred day moving average price of $201.71. The stock has a market cap of $282.51 million, a price-to-earnings ratio of 19.64 and a beta of 1.07.

About iShares Global Consumer Discretionary ETF

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.