iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Drop in Short Interest

iShares International Equity Factor ETF (NYSEARCA:INTF) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 260,586 shares, a decline of 54.9% from the September 30th total of 577,383 shares. Based on an average trading volume of 495,680 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Cowa LLC acquired a new stake in shares of iShares International Equity Factor ETF in the 3rd quarter valued at $351,000. XML Financial LLC increased its position in shares of iShares International Equity Factor ETF by 15.5% during the 3rd quarter. XML Financial LLC now owns 7,982 shares of the company’s stock worth $331,000 after purchasing an additional 1,070 shares in the last quarter. Vise Technologies Inc. lifted its holdings in iShares International Equity Factor ETF by 188.9% during the 3rd quarter. Vise Technologies Inc. now owns 540,436 shares of the company’s stock valued at $22,433,000 after purchasing an additional 353,360 shares during the last quarter. D.A. Davidson & CO. bought a new position in iShares International Equity Factor ETF during the 3rd quarter valued at about $261,000. Finally, Ashton Thomas Securities LLC acquired a new position in iShares International Equity Factor ETF in the third quarter valued at about $99,000.

iShares International Equity Factor ETF Price Performance

Shares of NYSEARCA INTF traded down $0.41 during trading hours on Friday, reaching $41.19. The stock had a trading volume of 503,537 shares, compared to its average volume of 293,120. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 14.00 and a beta of 0.75. iShares International Equity Factor ETF has a twelve month low of $35.43 and a twelve month high of $43.49. The business’s fifty day moving average is $42.04 and its two-hundred day moving average is $41.09.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.