iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Short Interest Down 84.6% in April

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 11,377 shares, a decline of 84.6% from the March 31st total of 74,004 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 131,255 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of iShares Morningstar Mid-Cap Growth ETF

A number of hedge funds have recently bought and sold shares of IMCG. Financial Consulate Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $25,000. Godfrey Financial Associates Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $29,000. Dagco Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $30,000. Finally, Windsor Advisory Group LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $31,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG traded up $0.23 during mid-day trading on Friday, reaching $87.55. The stock had a trading volume of 122,075 shares, compared to its average volume of 140,238. The firm has a 50 day moving average price of $82.38 and a two-hundred day moving average price of $81.87. The stock has a market capitalization of $3.46 billion, a P/E ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a one year low of $70.24 and a one year high of $88.55.

About iShares Morningstar Mid-Cap Growth ETF

The iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Growth index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their growth characteristics. IMCG was launched on Jun 28, 2004 and is managed by BlackRock.