iShares S&P 100 ETF (NYSEARCA:OEF) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 582,118 shares, a drop of 35.8% from the July 13th total of 907,077 shares. Based on an average daily trading volume, of 520,735 shares, the days-to-cover ratio is currently 1.1 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Private Capital Group LLC grew its holdings in shares of iShares S&P 100 ETF by 221.5% during the 1st quarter. Private Capital Group LLC now owns 1,003 shares of the company’s stock worth $116,000 after purchasing an additional 691 shares in the last quarter. Asset Dedication LLC grew its holdings in shares of iShares S&P 100 ETF by 681.3% during the 2nd quarter. Asset Dedication LLC now owns 1,172 shares of the company’s stock worth $140,000 after purchasing an additional 1,022 shares in the last quarter. Leavell Investment Management Inc. acquired a new stake in shares of iShares S&P 100 ETF during the 2nd quarter worth approximately $204,000. NEXT Financial Group Inc acquired a new stake in shares of iShares S&P 100 ETF during the 1st quarter worth approximately $215,000. Finally, Schnieders Capital Management LLC acquired a new stake in shares of iShares S&P 100 ETF during the 1st quarter worth approximately $217,000.

OEF opened at $126.79 on Friday. iShares S&P 100 ETF has a 12-month low of $107.44 and a 12-month high of $127.67.

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.

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