iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Stock Short Interest Report for October

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 28,360 shares, a decrease of 63.7% from the September 30th total of 78,147 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 197,263 shares, the short-interest ratio is currently 0.1 days.

iShares MSCI Global Silver and Metals Miners ETF Stock Performance

BATS:SLVP opened at $30.73 on Friday. iShares MSCI Global Silver and Metals Miners ETF has a 1 year low of $24.70 and a 1 year high of $50.15. The stock has a fifty day moving average price of $36.55 and a two-hundred day moving average price of $36.63. The stock has a market capitalization of $556.21 million, a price-to-earnings ratio of 26.00 and a beta of 0.76.

Hedge Funds Weigh In On iShares MSCI Global Silver and Metals Miners ETF

A hedge fund recently bought a new stake in iShares MSCI Global Silver and Metals Miners ETF stock. Congress Asset Management Co. acquired a new stake in iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 38,732 shares of the company’s stock, valued at approximately $1,354,000. Congress Asset Management Co. owned 0.21% of iShares MSCI Global Silver and Metals Miners ETF as of its most recent SEC filing.

iShares MSCI Global Silver and Metals Miners ETF Company Profile

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.