iShares Global Industrials ETF (NYSEARCA:EXI) Shares Shorted: Short Interest Down 66.4% in October

iShares Global Industrials ETF (NYSEARCA:EXI) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 7,337 shares, a decline of 66.4% from the September 30th total of 21,854 shares. Based on an average trading volume of 79,539 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

iShares Global Industrials ETF Stock Down 1.6%

Shares of EXI stock traded down $2.99 during mid-day trading on Friday, reaching $187.11. The company’s stock had a trading volume of 62,121 shares, compared to its average volume of 58,011. The company’s 50 day simple moving average is $192.56 and its 200-day simple moving average is $193.52. The firm has a market capitalization of $1.38 billion, a PE ratio of 22.01 and a beta of 0.99. iShares Global Industrials ETF has a 12-month low of $165.70 and a 12-month high of $207.79.

Hedge Funds Weigh In On iShares Global Industrials ETF

Several large investors have recently modified their holdings of EXI. Bank of America Corp DE grew its stake in iShares Global Industrials ETF by 1.1% during the 1st quarter. Bank of America Corp DE now owns 113,061 shares of the company’s stock worth $20,465,000 after buying an additional 1,228 shares during the last quarter. Slow Capital Inc. bought a new stake in iShares Global Industrials ETF during the 3rd quarter valued at $1,729,000. NTV Asset Management LLC bought a new position in shares of iShares Global Industrials ETF in the third quarter worth $1,533,000. Patriot Investment Management Group Inc. acquired a new position in shares of iShares Global Industrials ETF during the third quarter valued at $1,070,000. Finally, Fifth Third Bancorp raised its stake in shares of iShares Global Industrials ETF by 405.3% during the first quarter. Fifth Third Bancorp now owns 4,346 shares of the company’s stock valued at $787,000 after purchasing an additional 3,486 shares in the last quarter.

iShares Global Industrials ETF Company Profile

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector 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 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.