Short Interest in iShares S&P 100 ETF (NYSEARCA:OEF) Rises By 62.1%

iShares S&P 100 ETF (NYSEARCA:OEF) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 365,800 shares, an increase of 62.1% from the September 15th total of 225,600 shares. Based on an average daily volume of 497,900 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 497,900 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On iShares S&P 100 ETF

Several large investors have recently bought and sold shares of OEF. Bogart Wealth LLC raised its stake in shares of iShares S&P 100 ETF by 217.2% during the 2nd quarter. Bogart Wealth LLC now owns 92 shares of the company’s stock worth $28,000 after purchasing an additional 63 shares during the period. Corsicana & Co. bought a new stake in iShares S&P 100 ETF in the 3rd quarter valued at about $32,000. Beacon Capital Management LLC bought a new stake in iShares S&P 100 ETF in the 2nd quarter valued at about $37,000. Cornerstone Planning Group LLC raised its stake in iShares S&P 100 ETF by 958.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 115 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 100 ETF by 126.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 136 shares of the company’s stock valued at $41,000 after acquiring an additional 76 shares during the period.

iShares S&P 100 ETF Trading Up 0.5%

Shares of NYSEARCA:OEF opened at $336.29 on Friday. The stock’s fifty day simple moving average is $327.77 and its two-hundred day simple moving average is $303.27. iShares S&P 100 ETF has a 1-year low of $232.57 and a 1-year high of $337.67. The stock has a market cap of $28.25 billion, a PE ratio of 27.17 and a beta of 0.99.

iShares S&P 100 ETF Company Profile

iShares S&P 100 ETF, formerly iShares S&P 100 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 S&P 100 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market and consists of blue chip stocks from diverse industries in the S&P 500 Index.