Short Interest in iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) Decreases By 69.4%

iShares Global Consumer Discretionary ETF (NYSEARCA:RXI) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 1,464 shares, a decrease of 69.4% from the January 29th total of 4,781 shares. Based on an average trading volume of 13,173 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 13,173 shares, the days-to-cover ratio is presently 0.1 days.

iShares Global Consumer Discretionary ETF Price Performance

NYSEARCA RXI traded down $0.19 during trading on Thursday, reaching $205.95. 2,504 shares of the company’s stock traded hands, compared to its average volume of 13,793. iShares Global Consumer Discretionary ETF has a 12-month low of $155.32 and a 12-month high of $213.77. The firm has a market cap of $278.03 million, a price-to-earnings ratio of 19.64 and a beta of 1.07. The company’s 50 day simple moving average is $207.43 and its two-hundred day simple moving average is $204.96.

Institutional Trading of iShares Global Consumer Discretionary ETF

Hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its position in iShares Global Consumer Discretionary ETF by 31.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,382 shares of the company’s stock valued at $423,000 after acquiring an additional 574 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Consumer Discretionary ETF during the 3rd quarter worth $4,061,000. Jones Financial Companies Lllp boosted its position in iShares Global Consumer Discretionary ETF by 14.3% during the third quarter. Jones Financial Companies Lllp now owns 3,311 shares of the company’s stock valued at $684,000 after purchasing an additional 414 shares in the last quarter. Finally, Strengthening Families & Communities LLC purchased a new position in iShares Global Consumer Discretionary ETF in the third quarter valued at about $118,000.

iShares Global Consumer Discretionary ETF Company Profile

iShares Global Consumer Discretionary ETF (the Fund), formerly iShares S&P Global Consumer Discretionary Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global 1200 Consumer Discretionary Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.