Short Interest in iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) Expands By 244.0%

Posted by Stanley Muller on Jun 11th, 2026

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 33,560 shares, a growth of 244.0% from the May 14th total of 9,756 shares. Based on an average trading volume of 90,531 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the company’s stock are sold short.

iShares U.S. Oil & Gas Exploration & Production ETF News Summary

Here are the key news stories impacting iShares U.S. Oil & Gas Exploration & Production ETF this week:

Positive Sentiment: Crude prices climbed on renewed U.S.-Iran conflict and Iran’s announcement of a closure of the Strait of Hormuz, raising fears of supply disruption and supporting energy shares. Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
Positive Sentiment: U.S. crude inventories fell for a seventh straight week, a larger-than-expected draw that points to tighter supply and is typically supportive for upstream energy producers. U.S. Crude Oil Inventories Fall for Seventh Straight Week
Positive Sentiment: Oil product inventories in Singapore fell to near a 13-year low, reinforcing the view that global product markets are tightening amid Middle East disruption. Singapore’s oil product inventories slump to near 13-year low
Neutral Sentiment: OPEC lowered its oil-demand outlook again, which could offset some of the bullish supply concerns if demand weakens more than expected. OPEC again lowers 2026 global oil demand growth forecast
Neutral Sentiment: Reports that China is importing less fuel than previously thought suggest softer demand from the world’s largest crude importer, limiting the upside for oil prices. China learns to live on less fuel, to the relief of oil markets
Negative Sentiment: OPEC also trimmed this year’s demand estimate, signaling a more cautious global oil outlook that could weigh on exploration-and-production names if it persists. OPEC Lowers This Year’s Oil-Demand Forecast

Hedge Funds Weigh In On iShares U.S. Oil & Gas Exploration & Production ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the second quarter valued at about $4,430,000. JPMorgan Chase & Co. increased its holdings in iShares U.S. Oil & Gas Exploration & Production ETF by 2.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,757 shares of the company’s stock valued at $996,000 after buying an additional 206 shares during the period. Steph & Co. bought a new stake in iShares U.S. Oil & Gas Exploration & Production ETF in the fourth quarter valued at about $53,000. RiverFront Investment Group LLC lifted its position in shares of iShares U.S. Oil & Gas Exploration & Production ETF by 42.7% during the 4th quarter. RiverFront Investment Group LLC now owns 7,696 shares of the company’s stock worth $687,000 after buying an additional 2,304 shares during the period. Finally, Bearing Point Capital LLC bought a new stake in shares of iShares U.S. Oil & Gas Exploration & Production ETF in the 4th quarter worth about $1,329,000.

iShares U.S. Oil & Gas Exploration & Production ETF Price Performance

IEO opened at $117.68 on Thursday. The company has a market capitalization of $641.36 million, a PE ratio of 14.30 and a beta of 0.85. The business has a 50-day moving average of $117.69 and a 200-day moving average of $106.77. iShares U.S. Oil & Gas Exploration & Production ETF has a fifty-two week low of $85.93 and a fifty-two week high of $130.50.

iShares U.S. Oil & Gas Exploration & Production ETF Company Profile

(Get Free Report)

iShares U.S. Oil & Gas Exploration & Production ETF, formerly iShares Dow Jones U.S. Oil & Gas Exploration & Production 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. Select Oil Exploration & Production Index (the Index). The Index measures the performance of the oil exploration and production sub-sector of the United States equity market, and includes companies that are engaged in the exploration for and extraction, production, refining, and supply of oil and gas products.