iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Short Interest Up 34.2% in December

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 9,803 shares, a growth of 34.2% from the December 15th total of 7,303 shares. Based on an average daily volume of 13,304 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 13,304 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares MSCI Agriculture Producers ETF

Several hedge funds have recently modified their holdings of the stock. CX Institutional increased its position in iShares MSCI Agriculture Producers ETF by 126.5% during the third quarter. CX Institutional now owns 974 shares of the company’s stock worth $38,000 after purchasing an additional 544 shares during the last quarter. BNP Paribas boosted 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 purchasing an additional 685 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of iShares MSCI Agriculture Producers ETF by 32.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 75,687 shares of the company’s stock valued at $2,969,000 after buying an additional 18,452 shares during the period. Finally, Red Tortoise LLC acquired a new stake in shares of iShares MSCI Agriculture Producers ETF during the 3rd quarter worth $981,000.

iShares MSCI Agriculture Producers ETF Stock Performance

iShares MSCI Agriculture Producers ETF stock traded down $0.26 during trading on Friday, hitting $41.37. The company’s stock had a trading volume of 28,654 shares, compared to its average volume of 25,087. The stock’s fifty day moving average is $39.22 and its 200 day moving average is $39.64. iShares MSCI Agriculture Producers ETF has a 1-year low of $33.13 and a 1-year high of $41.65. The stock has a market capitalization of $91.01 million, a price-to-earnings ratio of 18.90 and a beta of 0.81.

iShares MSCI Agriculture Producers ETF Company Profile

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.