iShares Global Comm Services ETF (NYSEARCA:IXP) Short Interest Up 155.3% in January

iShares Global Comm Services ETF (NYSEARCA:IXP) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 12,647 shares, an increase of 155.3% from the January 15th total of 4,953 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 52,286 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 52,286 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of iShares Global Comm Services ETF

Institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in iShares Global Comm Services ETF during the fourth quarter worth $31,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares Global Comm Services ETF during the 3rd quarter worth about $33,000. Parkside Financial Bank & Trust bought a new position in shares of iShares Global Comm Services ETF in the 2nd quarter valued at about $52,000. AlphaCore Capital LLC grew its holdings in shares of iShares Global Comm Services ETF by 4,300.0% in the 4th quarter. AlphaCore Capital LLC now owns 484 shares of the company’s stock valued at $59,000 after acquiring an additional 473 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of iShares Global Comm Services ETF by 649.4% in the third quarter. Global Retirement Partners LLC now owns 577 shares of the company’s stock valued at $71,000 after acquiring an additional 500 shares during the last quarter.

iShares Global Comm Services ETF Stock Down 0.4%

Shares of NYSEARCA:IXP traded down $0.47 during mid-day trading on Friday, reaching $120.31. 10,336 shares of the stock were exchanged, compared to its average volume of 54,428. The stock’s 50 day simple moving average is $121.71 and its 200-day simple moving average is $121.37. iShares Global Comm Services ETF has a one year low of $86.38 and a one year high of $126.92. The company has a market cap of $703.81 million, a P/E ratio of 19.46 and a beta of 0.87.

iShares Global Comm Services ETF Company Profile

The iShares Global Comm Services ETF (IXP) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of global communication services companies, drawn from 1,200 global stocks selected by S&P. IXP was launched on Nov 12, 2001 and is managed by BlackRock.