iShares Global Energy ETF (NYSEARCA:IXC – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 456,475 shares, an increase of 173.1% from the April 15th total of 167,144 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 1,363,167 shares, the short-interest ratio is currently 0.3 days.
iShares Global Energy ETF Trading Up 0.5%
Shares of NYSEARCA:IXC opened at $55.08 on Friday. iShares Global Energy ETF has a twelve month low of $37.46 and a twelve month high of $59.18. The company has a market cap of $2.68 billion, a PE ratio of 13.85 and a beta of 0.37. The company’s 50 day moving average is $54.88 and its 200 day moving average is $48.24.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in IXC. Manchester Capital Management LLC lifted its position in iShares Global Energy ETF by 200.0% during the fourth quarter. Manchester Capital Management LLC now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 400 shares during the period. Group One Trading LLC raised its stake in shares of iShares Global Energy ETF by 250.0% during the 4th quarter. Group One Trading LLC now owns 700 shares of the company’s stock valued at $29,000 after buying an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Global Energy ETF during the 4th quarter valued at about $30,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of iShares Global Energy ETF in the 3rd quarter valued at about $30,000. Finally, AlphaCore Capital LLC boosted its stake in shares of iShares Global Energy ETF by 109.7% in the fourth quarter. AlphaCore Capital LLC now owns 734 shares of the company’s stock worth $31,000 after buying an additional 384 shares during the last quarter.
iShares Global Energy ETF Company Profile
iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy. Component companies include oil equipment and services, oil exploration and production, and oil refinery, oil storage and transportation, and coal and uranium mining companies.
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