Short Interest in iShares Semiconductor ETF (NASDAQ:SOXX) Increases By 20.5%

iShares Semiconductor ETF (NASDAQ:SOXX) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 9,420,000 shares, an increase of 20.5% from the January 15th total of 7,820,000 shares. Based on an average trading volume of 3,276,300 shares, the short-interest ratio is currently 2.9 days.

iShares Semiconductor ETF Stock Up 0.1 %

Shares of NASDAQ:SOXX traded up $0.23 during trading on Monday, reaching $223.07. The stock had a trading volume of 1,566,227 shares, compared to its average volume of 3,615,157. The stock has a fifty day simple moving average of $221.10 and a two-hundred day simple moving average of $222.25. The firm has a market capitalization of $13.81 billion, a price-to-earnings ratio of 10.60 and a beta of 1.34. iShares Semiconductor ETF has a 52 week low of $192.87 and a 52 week high of $267.24.

iShares Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3578 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Semiconductor ETF

Institutional investors have recently made changes to their positions in the business. Concourse Financial Group Securities Inc. increased its position in iShares Semiconductor ETF by 9.5% during the third quarter. Concourse Financial Group Securities Inc. now owns 903 shares of the exchange traded fund’s stock worth $208,000 after acquiring an additional 78 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of iShares Semiconductor ETF by 27.2% during the 3rd quarter. Vontobel Holding Ltd. now owns 13,467 shares of the exchange traded fund’s stock worth $3,105,000 after purchasing an additional 2,876 shares during the period. Good Life Advisors LLC raised its position in shares of iShares Semiconductor ETF by 93.6% during the third quarter. Good Life Advisors LLC now owns 2,176 shares of the exchange traded fund’s stock valued at $502,000 after buying an additional 1,052 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of iShares Semiconductor ETF by 9.2% in the third quarter. Global Retirement Partners LLC now owns 3,640 shares of the exchange traded fund’s stock valued at $839,000 after buying an additional 307 shares during the period. Finally, RFG Advisory LLC grew its position in iShares Semiconductor ETF by 2,037.6% during the third quarter. RFG Advisory LLC now owns 31,679 shares of the exchange traded fund’s stock worth $7,305,000 after buying an additional 30,197 shares in the last quarter.

About iShares Semiconductor ETF

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).