Short Interest in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Increases By 162.1%

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 7,303 shares, a growth of 162.1% from the November 30th total of 2,786 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,501 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 8,501 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

iShares MSCI Agriculture Producers ETF Stock Up 0.1%

Shares of iShares MSCI Agriculture Producers ETF stock traded up $0.02 during trading on Friday, reaching $38.83. The company’s stock had a trading volume of 33,835 shares, compared to its average volume of 16,231. iShares MSCI Agriculture Producers ETF has a 52-week low of $33.13 and a 52-week high of $41.36. The firm’s 50-day moving average is $38.99 and its two-hundred day moving average is $39.72. The company has a market cap of $85.43 million, a price-to-earnings ratio of 18.90 and a beta of 0.81.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC grew its holdings in shares of iShares MSCI Agriculture Producers ETF by 32.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 75,687 shares of the company’s stock worth $2,969,000 after acquiring an additional 18,452 shares during the period. CX Institutional boosted its position in shares of iShares MSCI Agriculture Producers ETF by 126.5% during the third quarter. CX Institutional now owns 974 shares of the company’s stock valued at $38,000 after purchasing an additional 544 shares in the last quarter. Red Tortoise LLC bought a new stake in shares of iShares MSCI Agriculture Producers ETF during the third quarter valued at approximately $981,000. BNP Paribas grew its stake in iShares MSCI Agriculture Producers ETF by 5.6% in the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock worth $524,000 after purchasing an additional 685 shares during the period. Finally, OLD Mission Capital LLC bought a new position in iShares MSCI Agriculture Producers ETF in the first quarter worth $297,000.

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.