Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Expands By 30.4%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,404,277 shares, an increase of 30.4% from the November 30th total of 1,076,846 shares. Based on an average trading volume of 765,699 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.8% of the shares of the stock are sold short. Currently, 1.8% of the shares of the stock are sold short. Based on an average trading volume of 765,699 shares, the days-to-cover ratio is currently 1.8 days.

iShares MSCI Intl Value Factor ETF Stock Up 0.3%

NYSEARCA IVLU traded up $0.10 on Tuesday, reaching $38.28. The company had a trading volume of 1,466,559 shares, compared to its average volume of 585,641. The firm’s 50 day moving average price is $37.00 and its 200 day moving average price is $35.24. iShares MSCI Intl Value Factor ETF has a 12 month low of $26.41 and a 12 month high of $38.72. The stock has a market capitalization of $2.92 billion, a PE ratio of 10.99 and a beta of 0.71.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of iShares MSCI Intl Value Factor ETF during the 4th quarter valued at approximately $454,000. Raymond James Financial Inc. lifted its position in iShares MSCI Intl Value Factor ETF by 9.4% during the first quarter. Raymond James Financial Inc. now owns 216,216 shares of the company’s stock valued at $6,553,000 after purchasing an additional 18,603 shares during the last quarter. CreativeOne Wealth LLC lifted its position in iShares MSCI Intl Value Factor ETF by 10.7% during the first quarter. CreativeOne Wealth LLC now owns 13,002 shares of the company’s stock valued at $394,000 after purchasing an additional 1,253 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares MSCI Intl Value Factor ETF by 45.1% in the 1st quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock worth $4,560,000 after buying an additional 46,755 shares in the last quarter. Finally, Ameriflex Group Inc. grew its stake in shares of iShares MSCI Intl Value Factor ETF by 13.3% in the 1st quarter. Ameriflex Group Inc. now owns 28,414 shares of the company’s stock worth $861,000 after buying an additional 3,333 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.