iShares S&P 100 ETF (NYSEARCA:OEF) Short Interest Down 65.9% in August

iShares S&P 100 ETF (NYSEARCA:OEF) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 49,783 shares, a decline of 65.9% from the August 15th total of 146,021 shares. Based on an average daily trading volume, of 202,587 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares S&P 100 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares S&P 100 ETF in the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares S&P 100 ETF in the 4th quarter worth approximately $26,000. NBH Bank acquired a new stake in iShares S&P 100 ETF during the second quarter valued at approximately $28,000. Wealth Watch Advisors INC lifted its stake in iShares S&P 100 ETF by 187.1% during the fourth quarter. Wealth Watch Advisors INC now owns 89 shares of the company’s stock valued at $31,000 after purchasing an additional 58 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors bought a new stake in iShares S&P 100 ETF during the fourth quarter worth approximately $32,000.

iShares S&P 100 ETF Trading Up 0.8%

OEF stock traded up $3.15 during trading hours on Friday, hitting $380.35. 202,790 shares of the stock traded hands, compared to its average volume of 761,509. The stock has a 50-day simple moving average of $375.14 and a 200 day simple moving average of $358.40. iShares S&P 100 ETF has a one year low of $306.84 and a one year high of $385.05. The company has a market cap of $20.41 billion, a P/E ratio of 27.17 and a beta of 1.03.

iShares S&P 100 ETF Company Profile

iShares S&P 100 ETF, formerly iShares S&P 100 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 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.