iShares Global 100 ETF (NYSEARCA:IOO) Sees Significant Decrease in Short Interest

iShares Global 100 ETF (NYSEARCA:IOO) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 548,491 shares, a decline of 50.7% from the June 30th total of 1,112,994 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 127,356 shares, the short-interest ratio is presently 4.3 days.

iShares Global 100 ETF Stock Performance

Shares of NYSEARCA IOO traded down $1.72 during midday trading on Wednesday, hitting $136.44. 89,349 shares of the stock traded hands, compared to its average volume of 196,753. The firm has a market capitalization of $8.62 billion, a P/E ratio of 24.21 and a beta of 0.96. iShares Global 100 ETF has a one year low of $109.21 and a one year high of $144.78. The firm has a 50-day moving average of $138.81 and a two-hundred day moving average of $132.26.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in shares of iShares Global 100 ETF during the 1st quarter valued at about $1,295,000. Jane Street Group LLC purchased a new position in shares of iShares Global 100 ETF in the first quarter worth approximately $7,860,000. Marshall Wace LLP purchased a new position in shares of iShares Global 100 ETF in the second quarter worth approximately $2,003,000. Bank of Nova Scotia purchased a new position in shares of iShares Global 100 ETF in the second quarter worth approximately $216,000. Finally, Qube Research & Technologies Ltd bought a new stake in iShares Global 100 ETF during the second quarter valued at approximately $991,000.

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.