iShares Global Industrials ETF (NYSEARCA:EXI) Short Interest Down 63.9% in April

iShares Global Industrials ETF (NYSEARCA:EXI) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 9,535 shares, a decline of 63.9% from the April 15th total of 26,380 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 84,752 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares Global Industrials ETF

A number of institutional investors have recently made changes to their positions in EXI. Fisher Asset Management LLC raised its holdings in shares of iShares Global Industrials ETF by 17.5% in the third quarter. Fisher Asset Management LLC now owns 2,175,019 shares of the company’s stock worth $375,735,000 after acquiring an additional 323,810 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of iShares Global Industrials ETF by 2,289.1% in the fourth quarter. HighTower Advisors LLC now owns 115,587 shares of the company’s stock worth $20,267,000 after acquiring an additional 110,749 shares during the last quarter. Van ECK Associates Corp acquired a new position in shares of iShares Global Industrials ETF in the fourth quarter worth $7,135,000. Citadel Advisors LLC acquired a new position in shares of iShares Global Industrials ETF in the third quarter worth $6,489,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of iShares Global Industrials ETF in the third quarter worth $6,170,000.

iShares Global Industrials ETF Price Performance

EXI traded down $4.00 during trading on Friday, reaching $192.64. 45,452 shares of the stock were exchanged, compared to its average volume of 54,593. iShares Global Industrials ETF has a 1 year low of $156.84 and a 1 year high of $201.02. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 22.01 and a beta of 1.00. The business’s 50 day moving average price is $189.72 and its two-hundred day moving average price is $184.46.

About iShares Global Industrials ETF

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.