iShares Semiconductor ETF (NASDAQ:SOXX) Short Interest Update

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

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock traded up $0.23 during trading on Friday, hitting $223.07. The company had a trading volume of 1,566,227 shares, compared to its average volume of 3,615,157. The stock’s 50-day moving average price is $221.10 and its 200 day moving average price is $222.33. iShares Semiconductor ETF has a one year low of $192.87 and a one year high of $267.24. The firm has a market capitalization of $13.81 billion, a P/E ratio of 10.60 and a beta of 1.34.

iShares Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.3578 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Savvy Advisors Inc. raised its position in shares of iShares Semiconductor ETF by 1.1% in the 4th quarter. Savvy Advisors Inc. now owns 4,261 shares of the exchange traded fund’s stock valued at $918,000 after buying an additional 46 shares in the last quarter. Integrity Financial Corp WA raised its position in iShares Semiconductor ETF by 34.4% during the third quarter. Integrity Financial Corp WA now owns 207 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 53 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in shares of iShares Semiconductor ETF by 4.9% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 1,127 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 53 shares in the last quarter. Cyndeo Wealth Partners LLC increased its stake in shares of iShares Semiconductor ETF by 1.5% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,704 shares of the exchange traded fund’s stock valued at $798,000 after purchasing an additional 54 shares during the last quarter. Finally, Syntegra Private Wealth Group LLC raised its holdings in shares of iShares Semiconductor ETF by 4.2% during the 4th quarter. Syntegra Private Wealth Group LLC now owns 1,426 shares of the exchange traded fund’s stock worth $307,000 after buying an additional 58 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).