iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Shares Shorted: Short Interest Down 84.4% in September

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 19,779 shares, a decline of 84.4% from the September 15th total of 126,733 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 47,774 shares, the short-interest ratio is currently 0.4 days.

iShares MSCI Agriculture Producers ETF Price Performance

Shares of NYSEARCA:VEGI traded down $1.07 during mid-day trading on Friday, reaching $44.18. 24,160 shares of the company were exchanged, compared to its average volume of 60,133. iShares MSCI Agriculture Producers ETF has a 1 year low of $38.00 and a 1 year high of $49.64. The firm’s 50-day simple moving average is $46.32 and its 200 day simple moving average is $45.30. The firm has a market cap of $165.68 million, a price-to-earnings ratio of 18.90 and a beta of 0.68.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of iShares MSCI Agriculture Producers ETF in the first quarter valued at $27,000. Glenmede Trust Co. NA purchased a new stake in iShares MSCI Agriculture Producers ETF during the 1st quarter worth about $40,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in iShares MSCI Agriculture Producers ETF during the 1st quarter worth about $871,000.

About iShares MSCI Agriculture Producers ETF

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.