iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 53,358 shares, a drop of 15.6% from the January 29th total of 63,198 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 231,953 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 231,953 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

iShares U.S. Small Cap Equity Factor ETF Stock Performance

Shares of iShares U.S. Small Cap Equity Factor ETF stock traded up $0.57 during trading on Wednesday, reaching $78.71. 113,783 shares of the company’s stock were exchanged, compared to its average volume of 345,807. The firm’s 50-day moving average price is $78.37 and its 200 day moving average price is $75.61. The company has a market cap of $3.32 billion, a P/E ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $53.39 and a 1-year high of $80.72.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Hedge funds have recently added to or reduced their stakes in the stock. Talisman Wealth Advisors LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 41.5% in the 4th quarter. Talisman Wealth Advisors LLC now owns 21,539 shares of the company’s stock valued at $1,617,000 after acquiring an additional 6,312 shares during the last quarter. BFI Wealth Solutions LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth about $2,108,000. Axxcess Wealth Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at approximately $893,000. NewEdge Advisors LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 108.6% in the fourth quarter. NewEdge Advisors LLC now owns 25,960 shares of the company’s stock valued at $1,944,000 after buying an additional 13,514 shares during the period. Finally, Evolve Private Wealth LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at approximately $11,162,000.

About iShares U.S. Small Cap Equity Factor ETF

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.