iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Stock Short Interest Jumps 82.4%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 288,310 shares, an increase of 82.4% from the August 31st total of 158,072 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 356,418 shares, the short-interest ratio is currently 0.8 days.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS traded down $0.32 during midday trading on Tuesday, hitting $161.88. The company had a trading volume of 248,887 shares, compared to its average volume of 460,949. The company has a market capitalization of $14.86 billion, a PE ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.74 and a twelve month high of $173.52. The firm’s 50-day simple moving average is $168.49 and its 200-day simple moving average is $160.97.

Institutional Trading of iShares Russell Mid-Cap Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Conning Inc. boosted its position in iShares Russell Mid-Cap Value ETF by 24.3% in the 1st quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after buying an additional 11,676 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of iShares Russell Mid-Cap Value ETF by 25.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 198,232 shares of the company’s stock worth $27,961,000 after acquiring an additional 39,976 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 76.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 25,968 shares of the company’s stock valued at $3,357,000 after acquiring an additional 11,237 shares during the period. IFP Advisors Inc boosted its holdings in iShares Russell Mid-Cap Value ETF by 22.6% in the second quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock valued at $2,957,000 after acquiring an additional 3,306 shares during the last quarter. Finally, SB Capital Management Inc bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $1,045,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

About iShares Russell Mid-Cap Value ETF

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.