iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Up 100.1% in April

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 307,641 shares, an increase of 100.1% from the April 15th total of 153,744 shares. Based on an average daily volume of 292,666 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

iShares Russell Mid-Cap Value ETF Trading Down 1.5%

iShares Russell Mid-Cap Value ETF stock traded down $2.37 during trading on Friday, reaching $155.43. The company had a trading volume of 305,503 shares, compared to its average volume of 499,875. iShares Russell Mid-Cap Value ETF has a 52 week low of $125.56 and a 52 week high of $159.71. The firm’s 50-day simple moving average is $151.06 and its 200 day simple moving average is $146.88. The firm has a market capitalization of $14.81 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

Hedge Funds Weigh In On iShares Russell Mid-Cap Value ETF

A number of institutional investors have recently bought and sold shares of the stock. Excelsior Advisor Network LLC bought a new position in iShares Russell Mid-Cap Value ETF in the 1st quarter worth $210,000. Quantinno Capital Management LP raised its holdings in iShares Russell Mid-Cap Value ETF by 17.2% during the first quarter. Quantinno Capital Management LP now owns 33,656 shares of the company’s stock valued at $4,905,000 after acquiring an additional 4,947 shares during the period. Gateway Wealth Partners LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 111.7% during the first quarter. Gateway Wealth Partners LLC now owns 6,470 shares of the company’s stock valued at $943,000 after acquiring an additional 3,414 shares during the period. Wealth Watch Advisors INC raised its holdings in iShares Russell Mid-Cap Value ETF by 196.9% during the first quarter. Wealth Watch Advisors INC now owns 1,547 shares of the company’s stock valued at $225,000 after acquiring an additional 1,026 shares during the period. Finally, Bradley Foster & Sargent Inc. CT raised its holdings in iShares Russell Mid-Cap Value ETF by 6.6% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 9,891 shares of the company’s stock valued at $1,442,000 after acquiring an additional 615 shares during the period. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.