iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Update

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 414,100 shares, a decline of 45.5% from the August 15th total of 760,500 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,562,300 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 1,562,300 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of IQLT opened at $43.83 on Friday. The company has a market capitalization of $12.32 billion, a P/E ratio of 18.86 and a beta of 0.87. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $44.02. The business’s 50 day simple moving average is $42.96 and its 200-day simple moving average is $41.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 1st quarter worth approximately $25,000. Garde Capital Inc. acquired a new position in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth $34,000. GAMMA Investing LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% during the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after buying an additional 588 shares in the last quarter. Independence Bank of Kentucky acquired a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $41,000. Finally, Qube Research & Technologies Ltd acquired a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000.

About iShares MSCI Intl Quality Factor ETF

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.