iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Update

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 10,964 shares, a drop of 78.3% from the February 12th total of 50,529 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 30,587 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 30,587 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

A number of institutional investors and hedge funds have recently modified their holdings of VEGI. OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares MSCI Agriculture Producers ETF by 5.6% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 90,190 shares of the company’s stock valued at $3,479,000 after acquiring an additional 4,800 shares in the last quarter. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI Agriculture Producers ETF by 32.2% in the third quarter. Flow Traders U.S. LLC now owns 75,687 shares of the company’s stock worth $2,969,000 after purchasing an additional 18,452 shares in the last quarter. Red Tortoise LLC purchased a new stake in shares of iShares MSCI Agriculture Producers ETF in the third quarter worth approximately $981,000. Verity Asset Management Inc. acquired a new stake in shares of iShares MSCI Agriculture Producers ETF during the fourth quarter worth approximately $665,000. Finally, BNP Paribas grew its position in iShares MSCI Agriculture Producers ETF by 5.6% during the second quarter. BNP Paribas now owns 13,007 shares of the company’s stock valued at $524,000 after purchasing an additional 685 shares in the last quarter.

iShares MSCI Agriculture Producers ETF Stock Performance

Shares of NYSEARCA VEGI traded down $0.40 during trading on Tuesday, hitting $45.04. The company had a trading volume of 33,579 shares, compared to its average volume of 26,234. The company has a market cap of $105.84 million, a P/E ratio of 18.90 and a beta of 0.81. iShares MSCI Agriculture Producers ETF has a 52 week low of $33.13 and a 52 week high of $47.27. The business’s 50-day moving average is $43.32 and its 200 day moving average is $40.70.

iShares MSCI Agriculture Producers ETF Company Profile

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.