iShares MSCI USA Value Factor ETF (BATS:VLUE) Short Interest Up 50.3% in July

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 772,792 shares, an increase of 50.3% from the July 15th total of 514,065 shares. Based on an average daily trading volume, of 644,766 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. SteelPeak Wealth LLC increased its stake in iShares MSCI USA Value Factor ETF by 35.3% during the 1st quarter. SteelPeak Wealth LLC now owns 17,556 shares of the company’s stock valued at $2,496,000 after purchasing an additional 4,585 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares MSCI USA Value Factor ETF by 655.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,900 shares of the company’s stock worth $2,994,000 after buying an additional 19,000 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 31.5% in the first quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock valued at $63,568,000 after buying an additional 107,102 shares in the last quarter. Marks Wealth LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at $34,563,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter valued at about $1,120,000.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $200.57 on Wednesday. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 52-week low of $116.12 and a 52-week high of $206.57. The stock’s 50 day moving average price is $196.33 and its two-hundred day moving average price is $173.49.

About iShares MSCI USA Value Factor ETF

The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.