iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Sees Large Growth in Short Interest

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 12,076 shares, an increase of 62.1% from the February 12th total of 7,450 shares. Based on an average daily trading volume, of 5,466 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 5,466 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Trading of iShares Morningstar Small-Cap ETF

Large investors have recently made changes to their positions in the stock. Sfam LLC purchased a new position in iShares Morningstar Small-Cap ETF in the 4th quarter worth about $41,000. Comerica Bank boosted its position in iShares Morningstar Small-Cap ETF by 30.3% in the 1st quarter. Comerica Bank now owns 929 shares of the company’s stock valued at $50,000 after buying an additional 216 shares during the period. Ashton Thomas Securities LLC purchased a new stake in iShares Morningstar Small-Cap ETF in the 3rd quarter valued at about $70,000. Key Financial Inc grew its stake in iShares Morningstar Small-Cap ETF by 49.6% in the 3rd quarter. Key Financial Inc now owns 1,155 shares of the company’s stock worth $74,000 after acquiring an additional 383 shares in the last quarter. Finally, Assetmark Inc. bought a new position in iShares Morningstar Small-Cap ETF in the 3rd quarter worth about $77,000. 0.01% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Small-Cap ETF Stock Down 0.2%

ISCB traded down $0.11 during trading hours on Friday, reaching $64.69. 2,695 shares of the company’s stock traded hands, compared to its average volume of 6,279. The firm has a 50-day moving average price of $68.35 and a 200 day moving average price of $65.59. The firm has a market capitalization of $249.06 million, a PE ratio of 37.18 and a beta of 1.12. iShares Morningstar Small-Cap ETF has a 52-week low of $46.59 and a 52-week high of $70.45.

About iShares Morningstar Small-Cap ETF

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.