iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Significant Increase in Short Interest

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 287,721 shares, an increase of 564.8% from the January 29th total of 43,282 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,228,280 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 2,228,280 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

iShares MSCI Intl Quality Factor ETF Trading Up 0.7%

iShares MSCI Intl Quality Factor ETF stock traded up $0.37 during mid-day trading on Wednesday, reaching $49.72. The company had a trading volume of 1,695,956 shares, compared to its average volume of 2,846,585. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $49.78. The company has a market cap of $13.54 billion, a P/E ratio of 18.86 and a beta of 0.89. The business has a fifty day simple moving average of $47.28 and a 200 day simple moving average of $45.28.

Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF

Several hedge funds have recently modified their holdings of the company. MidFirst Bank bought a new position in iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at about $8,150,000. Wealthspire Retirement LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 2.7% in the fourth quarter. Wealthspire Retirement LLC now owns 271,620 shares of the company’s stock valued at $12,345,000 after buying an additional 7,241 shares during the period. EP Wealth Advisors LLC bought a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at approximately $881,000. Coastal Bridge Advisors LLC boosted its position in iShares MSCI Intl Quality Factor ETF by 30.5% during the 4th quarter. Coastal Bridge Advisors LLC now owns 386,109 shares of the company’s stock worth $17,549,000 after buying an additional 90,309 shares during the period. Finally, Kastel Capital Advisors LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $2,743,000.

iShares MSCI Intl Quality Factor ETF Company Profile

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.