iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sees Large Growth in Short Interest

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 534,165 shares, an increase of 62.5% from the September 30th total of 328,646 shares. Based on an average daily volume of 496,038 shares, the short-interest ratio is currently 1.1 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF

Large investors have recently modified their holdings of the stock. Asset Dedication LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $71,000. Ashton Thomas Private Wealth LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1.1% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 32,526 shares of the company’s stock worth $5,228,000 after buying an additional 352 shares in the last quarter. Asset One Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.7% in the third quarter. Asset One Wealth Management LLC now owns 3,042 shares of the company’s stock valued at $489,000 after buying an additional 80 shares during the period. Calamos Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $280,000. Finally, Telos Capital Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $3,029,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 0.3%

Shares of NYSEARCA IWS opened at $170.72 on Tuesday. The stock has a fifty day moving average price of $166.67 and a 200 day moving average price of $159.59. iShares Russell Mid-Cap Value ETF has a 12-month low of $133.74 and a 12-month high of $173.52. The company has a market cap of $15.01 billion, a P/E ratio of 19.11 and a beta of 0.96.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.