iShares Global Financials ETF (NYSEARCA:IXG) Stock Short Interest Report for October

iShares Global Financials ETF (NYSEARCA:IXG) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 23,280 shares, an increase of 281.2% from the September 30th total of 6,107 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 45,974 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares Global Financials ETF

A number of large investors have recently added to or reduced their stakes in IXG. Optiver Holding B.V. acquired a new position in iShares Global Financials ETF in the first quarter valued at about $27,000. NBT Bank N.A. acquired a new position in iShares Global Financials ETF in the 3rd quarter valued at approximately $29,000. NBT Bank N A NY lifted its holdings in iShares Global Financials ETF by 151.2% during the 1st quarter. NBT Bank N A NY now owns 304 shares of the company’s stock worth $35,000 after buying an additional 183 shares during the period. Mondrian Investment Partners LTD acquired a new stake in iShares Global Financials ETF during the 3rd quarter valued at approximately $56,000. Finally, Ascentis Independent Advisors acquired a new position in iShares Global Financials ETF in the first quarter valued at $63,000.

iShares Global Financials ETF Price Performance

iShares Global Financials ETF stock traded up $0.24 during mid-day trading on Wednesday, hitting $129.14. 9,955 shares of the company’s stock traded hands, compared to its average volume of 44,447. The stock has a market cap of $697.36 million, a price-to-earnings ratio of 14.77 and a beta of 0.82. The firm has a 50 day simple moving average of $130.90 and a two-hundred day simple moving average of $124.69. iShares Global Financials ETF has a fifty-two week low of $109.99 and a fifty-two week high of $137.00.

About iShares Global Financials ETF

Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of companies that Standard & Poor’s deems part of the financial sector of the economy and important to global markets, as represented by the S&P Global 1200 Financials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.