iShares Global Consumer Staples ETF (NYSEARCA:KXI) Sees Significant Growth in Short Interest

iShares Global Consumer Staples ETF (NYSEARCA:KXI) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 129,906 shares, an increase of 49.4% from the August 31st total of 86,972 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 162,456 shares, the days-to-cover ratio is currently 0.8 days.

iShares Global Consumer Staples ETF Stock Up 0.0%

Shares of NYSEARCA:KXI traded up $0.03 during trading on Friday, hitting $64.95. 32,813 shares of the company were exchanged, compared to its average volume of 89,190. iShares Global Consumer Staples ETF has a 1-year low of $63.15 and a 1-year high of $73.65. The company has a market capitalization of $1.10 billion, a P/E ratio of 23.27 and a beta of 0.47. The business’s 50 day moving average is $68.24 and its 200-day moving average is $68.05.

Hedge Funds Weigh In On iShares Global Consumer Staples ETF

Large investors have recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of iShares Global Consumer Staples ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 99,039 shares of the company’s stock worth $6,637,000 after purchasing an additional 40,711 shares during the last quarter. Northland Securities Inc. raised its holdings in iShares Global Consumer Staples ETF by 4.3% in the 1st quarter. Northland Securities Inc. now owns 48,730 shares of the company’s stock valued at $3,265,000 after buying an additional 1,994 shares during the last quarter. Northstar Financial Companies Inc. boosted its position in iShares Global Consumer Staples ETF by 63.2% during the 1st quarter. Northstar Financial Companies Inc. now owns 23,433 shares of the company’s stock worth $1,570,000 after buying an additional 9,077 shares during the period. Y.D. More Investments Ltd acquired a new stake in iShares Global Consumer Staples ETF during the 1st quarter worth approximately $1,173,000. Finally, Calton & Associates Inc. grew its holdings in iShares Global Consumer Staples ETF by 14.0% during the 4th quarter. Calton & Associates Inc. now owns 11,787 shares of the company’s stock worth $762,000 after acquiring an additional 1,446 shares during the last quarter.

iShares Global Consumer Staples ETF Company Profile

iShares Global Consumer Staples ETF (the Fund), formerly The iShares S&P Global Consumer Staples Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the S&P Global 1200 Consumer Staples Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. Components primarily include consumer discretionary, consumer goods and consumer staples companies. The Index includes manufacturers and distributors of food, producers of non-durable household goods, and food and drug retailing companies.