Short Interest in iShares U.S. Industrials ETF (BATS:IYJ) Expands By 80.4%

iShares U.S. Industrials ETF (BATS:IYJ) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 175,891 shares, an increase of 80.4% from the July 15th total of 97,483 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 95,127 shares, the short-interest ratio is presently 1.8 days.

iShares U.S. Industrials ETF Stock Performance

IYJ opened at $169.65 on Friday. The company has a market capitalization of $1.95 billion, a P/E ratio of 25.86 and a beta of 1.10. The company has a 50-day moving average of $163.91 and a 200-day moving average of $158.45. iShares U.S. Industrials ETF has a 1-year low of $138.90 and a 1-year high of $171.25.

Institutional Trading of iShares U.S. Industrials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nalls Sherbakoff Group LLC acquired a new stake in iShares U.S. Industrials ETF during the fourth quarter valued at approximately $29,000. Triumph Capital Management acquired a new position in shares of iShares U.S. Industrials ETF in the 3rd quarter worth approximately $32,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares U.S. Industrials ETF in the 4th quarter worth approximately $34,000. Western Wealth Management LLC bought a new stake in shares of iShares U.S. Industrials ETF in the 1st quarter valued at approximately $36,000. Finally, BankChampaign National Association bought a new stake in shares of iShares U.S. Industrials ETF in the 1st quarter valued at approximately $37,000.

iShares U.S. Industrials ETF Company Profile

iShares U.S. Industrials ETF, formerly iShares Dow Jones U.S. Industrial Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Industrials Index (the Index). The Index measures the performance of the industrials sector of the United States equity market, and includes companies in the industry groups, such as construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, industrial engineering, industrial transportation and support services.