iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Update
iShares Semiconductor ETF (NASDAQ:SOXX – Get Free Report) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 864,400 shares, a drop of 20.7% from the October 31st total of 1,090,000 shares. Based on an average trading volume of 826,100 shares, the days-to-cover ratio is currently 1.0 days.
Hedge Funds Weigh In On iShares Semiconductor ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of iShares Semiconductor ETF during the third quarter worth $26,000. Beacon Capital Management LLC boosted its position in shares of iShares Semiconductor ETF by 250.0% during the second quarter. Beacon Capital Management LLC now owns 56 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 40 shares in the last quarter. Impact Partnership Wealth LLC boosted its position in shares of iShares Semiconductor ETF by 833.3% during the third quarter. Impact Partnership Wealth LLC now owns 56 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 50 shares in the last quarter. Clear Investment Research LLC boosted its position in shares of iShares Semiconductor ETF by 728.6% during the first quarter. Clear Investment Research LLC now owns 58 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Finally, Sittner & Nelson LLC bought a new position in shares of iShares Semiconductor ETF during the first quarter worth $26,000.
iShares Semiconductor ETF Stock Up 0.5 %
SOXX stock traded up $2.41 during midday trading on Friday, reaching $516.06. The company’s stock had a trading volume of 570,687 shares, compared to its average volume of 976,175. iShares Semiconductor ETF has a 52 week low of $336.15 and a 52 week high of $536.88. The stock has a market cap of $9.26 billion, a PE ratio of 17.05 and a beta of 1.34. The business’s 50-day simple moving average is $481.70 and its 200-day simple moving average is $490.76.
iShares Semiconductor ETF Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Wednesday, September 27th were paid a $1.6658 dividend. The ex-dividend date was Tuesday, September 26th. This represents a $6.66 dividend on an annualized basis and a yield of 1.29%.
About iShares Semiconductor ETF (Get Free Report)
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).
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Original: MarketBeat News Feed: iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Update