iShares MSCI World ETF (NYSEARCA:URTH) Short Interest Update

iShares MSCI World ETF (NYSEARCA:URTH) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 735,225 shares, a growth of 62.2% from the August 15th total of 453,379 shares. Based on an average daily volume of 415,558 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI World ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. bought a new stake in iShares MSCI World ETF in the 1st quarter valued at $33,000. Tiff Advisory Services LLC purchased a new position in shares of iShares MSCI World ETF during the fourth quarter valued at about $37,000. Guardian Partners Inc. purchased a new stake in shares of iShares MSCI World ETF in the first quarter worth about $53,000. Fifth Third Bancorp bought a new position in iShares MSCI World ETF during the first quarter valued at approximately $57,000. Finally, C M Bidwell & Associates Ltd. bought a new position in iShares MSCI World ETF during the second quarter valued at approximately $89,000.

iShares MSCI World ETF Stock Performance

Shares of URTH stock opened at $207.21 on Friday. The firm has a market capitalization of $8.14 billion, a PE ratio of 22.04 and a beta of 0.95. The stock has a fifty day simple moving average of $206.69 and a two-hundred day simple moving average of $198.86. iShares MSCI World ETF has a 52-week low of $174.24 and a 52-week high of $211.94.

iShares MSCI World ETF Company Profile

The iShares MSCI World ETF (URTH) is an exchange-traded fund that is based on the MSCI World index, a market-cap-weighted index of stocks that cover 85% of the developed world’s market capitalization. URTH was launched on Jan 10, 2012 and is managed by BlackRock.