Short Interest in iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Expands By 202.9%

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 198,704 shares, a growth of 202.9% from the May 31st total of 65,607 shares. Based on an average daily trading volume, of 54,855 shares, the short-interest ratio is presently 3.6 days. Approximately 1.4% of the shares of the stock are sold short.

iShares International Small Cap Equity Factor ETF Stock Performance

NYSEARCA:ISCF traded down $0.06 during mid-day trading on Tuesday, hitting $43.13. 769 shares of the company’s stock traded hands, compared to its average volume of 59,475. The company has a market cap of $616.76 million, a PE ratio of 13.31 and a beta of 0.81. The firm’s 50 day simple moving average is $44.35 and its 200 day simple moving average is $43.57. iShares International Small Cap Equity Factor ETF has a 1 year low of $38.42 and a 1 year high of $45.86.

Institutional Investors Weigh In On iShares International Small Cap Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares International Small Cap Equity Factor ETF by 1,218.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 25,076 shares of the company’s stock valued at $1,040,000 after acquiring an additional 23,174 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares International Small Cap Equity Factor ETF by 2,083.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock valued at $453,000 after purchasing an additional 10,521 shares in the last quarter. Captrust Financial Advisors increased its position in iShares International Small Cap Equity Factor ETF by 5.3% during the 4th quarter. Captrust Financial Advisors now owns 18,556 shares of the company’s stock worth $770,000 after purchasing an additional 934 shares in the last quarter. Arkadios Wealth Advisors increased its position in iShares International Small Cap Equity Factor ETF by 24.8% during the 4th quarter. Arkadios Wealth Advisors now owns 14,406 shares of the company’s stock worth $598,000 after purchasing an additional 2,859 shares in the last quarter. Finally, Rossby Financial LCC raised its holdings in iShares International Small Cap Equity Factor ETF by 60.7% in the fourth quarter. Rossby Financial LCC now owns 768 shares of the company’s stock valued at $32,000 after buying an additional 290 shares during the period.

About iShares International Small Cap Equity Factor ETF

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.