Short Interest in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Rises By 76.5%

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 338,969 shares, a growth of 76.5% from the January 29th total of 192,009 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 297,111 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 297,111 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the shares of the company are sold short.

iShares U.S. Equity Factor ETF Stock Performance

Shares of iShares U.S. Equity Factor ETF stock traded down $0.52 during trading hours on Friday, hitting $69.10. The company’s stock had a trading volume of 183,585 shares, compared to its average volume of 288,956. The business has a 50 day moving average price of $69.63 and a two-hundred day moving average price of $68.92. iShares U.S. Equity Factor ETF has a 12-month low of $49.97 and a 12-month high of $71.07. The company has a market cap of $3.13 billion, a PE ratio of 22.79 and a beta of 0.98.

Hedge Funds Weigh In On iShares U.S. Equity Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Equity Factor ETF during the fourth quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at about $41,000. Mather Group LLC. acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth $53,000. Finally, Timmons Wealth Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 4th quarter worth $56,000.

About iShares U.S. Equity Factor ETF

The iShares U.S. Equity Factor ETF (LRGF) is an exchange-traded fund that is based on the STOXX U.S. Equity Factor index. The fund tracks an index of US large- and mid-cap equities. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.