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

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 145,877 shares, an increase of 1,230.5% from the February 26th total of 10,964 shares. Based on an average daily trading volume, of 44,576 shares, the short-interest ratio is presently 3.3 days. Currently, 6.2% of the company’s shares are sold short. Currently, 6.2% of the company’s shares are sold short. Based on an average daily trading volume, of 44,576 shares, the short-interest ratio is presently 3.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VEGI. CX Institutional increased its stake in iShares MSCI Agriculture Producers ETF by 126.5% in the third quarter. CX Institutional now owns 974 shares of the company’s stock valued at $38,000 after purchasing an additional 544 shares in the last quarter. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares MSCI Agriculture Producers ETF in the 4th quarter valued at $46,000. BNP Paribas grew its holdings in shares of iShares MSCI Agriculture Producers ETF by 5.6% in the 2nd quarter. BNP Paribas now owns 13,007 shares of the company’s stock valued at $524,000 after buying an additional 685 shares during the period. Verity Asset Management Inc. bought a new stake in shares of iShares MSCI Agriculture Producers ETF in the 4th quarter valued at $665,000. Finally, Red Tortoise LLC bought a new stake in shares of iShares MSCI Agriculture Producers ETF in the 3rd quarter valued at $981,000.

iShares MSCI Agriculture Producers ETF Price Performance

Shares of iShares MSCI Agriculture Producers ETF stock traded up $0.91 during trading on Tuesday, hitting $44.92. 698,408 shares of the company were exchanged, compared to its average volume of 64,780. The firm has a market capitalization of $105.56 million, a P/E ratio of 18.90 and a beta of 0.81. The firm’s fifty day moving average price is $44.45 and its 200 day moving average price is $41.03. iShares MSCI Agriculture Producers ETF has a 1-year low of $33.13 and a 1-year high of $47.27.

About iShares MSCI Agriculture Producers ETF

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.