iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Growth in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,315,187 shares, an increase of 285.0% from the January 15th total of 341,635 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily volume of 1,430,701 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 1,430,701 shares, the short-interest ratio is presently 0.9 days. Currently, 1.5% of the company’s shares are sold short.

iShares MSCI Intl Value Factor ETF Price Performance

NYSEARCA IVLU traded up $0.28 during trading hours on Wednesday, reaching $42.81. The company’s stock had a trading volume of 1,864,295 shares, compared to its average volume of 1,580,736. The firm has a fifty day simple moving average of $39.12 and a 200-day simple moving average of $36.74. iShares MSCI Intl Value Factor ETF has a 52 week low of $26.41 and a 52 week high of $42.89. The stock has a market cap of $3.73 billion, a P/E ratio of 10.99 and a beta of 0.71.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Hedge funds have recently modified their holdings of the business. Rothschild Investment LLC grew its stake in shares of iShares MSCI Intl Value Factor ETF by 53.2% in the fourth quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock worth $45,000 after purchasing an additional 415 shares during the last quarter. Hollencrest Capital Management acquired a new position in iShares MSCI Intl Value Factor ETF during the 2nd quarter worth about $46,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $56,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 4th quarter valued at about $61,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter valued at about $58,000.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.