Market Vectors Oil Services ETF (OIH) Short Interest Up 26.8% in September
Market Vectors Oil Services ETF (NYSE:OIH) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 22,546,010 shares, an increase of 26.8% from the September 15th total of 17,781,345 shares. Based on an average daily trading volume, of 6,401,235 shares, the days-to-cover ratio is currently 3.5 days.
Shares of Market Vectors Oil Services ETF (NYSE:OIH) opened at 29.78 on Monday. Market Vectors Oil Services ETF has a one year low of $20.46 and a one year high of $32.78. The stock has a 50 day moving average price of $28.20 and a 200 day moving average price of $28.27.
About Market Vectors Oil Services ETF
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Market Vectors Oil Services ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate the price and yield performance of the Market Vectors United States Listed Oil Services 25 Index (MVOIHTR). The Index is a rules-based index intended to track the overall performance of 25 of the United States listed publicly traded oil services companies.
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