iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Significant Drop in Short Interest

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 35,842 shares, a drop of 65.7% from the February 26th total of 104,514 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 262,866 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 262,866 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

iShares U.S. Small Cap Equity Factor ETF Price Performance

Shares of SMLF traded up $0.65 on Wednesday, hitting $76.14. The company’s stock had a trading volume of 9,213 shares, compared to its average volume of 315,930. The company has a market capitalization of $3.21 billion, a PE ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $53.39 and a fifty-two week high of $80.72. The company has a 50 day moving average price of $78.02 and a 200 day moving average price of $75.95.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Several large investors have recently made changes to their positions in SMLF. Abound Wealth Management acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter worth about $27,000. IFP Advisors Inc lifted its position in iShares U.S. Small Cap Equity Factor ETF by 509.9% during the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after purchasing an additional 362 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $33,000. Harbour Investments Inc. boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% in the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock valued at $69,000 after purchasing an additional 707 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 450.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,030 shares of the company’s stock worth $77,000 after buying an additional 843 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.