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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,393,615 shares, an increase of 125.1% from the July 15th total of 619,124 shares. Based on an average daily trading volume, of 1,621,590 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the shares of the stock are short sold.

iShares MSCI Intl Quality Factor ETF Stock Up 0.0%

Shares of NYSEARCA IQLT opened at $51.83 on Friday. The firm’s 50-day simple moving average is $49.77 and its 200 day simple moving average is $48.70. The company has a market cap of $14.28 billion, a price-to-earnings ratio of 18.86 and a beta of 0.82. iShares MSCI Intl Quality Factor ETF has a 12-month low of $42.47 and a 12-month high of $51.97.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

A number of institutional investors have recently modified their holdings of IQLT. Arax Advisory Partners acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth approximately $37,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $42,000. Lloyd Advisory Services LLC. acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $44,000. Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 312.1% in the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $51,000.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.