iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Sees Large Drop in Short Interest

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 57,033 shares, a decrease of 38.8% from the May 14th total of 93,123 shares. Currently, 2.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,538 shares, the days-to-cover ratio is currently 6.0 days.

Institutional Trading of iShares MSCI USA Size Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MAI Capital Management boosted its stake in iShares MSCI USA Size Factor ETF by 13.6% in the third quarter. MAI Capital Management now owns 585 shares of the company’s stock worth $94,000 after buying an additional 70 shares in the last quarter. NewEdge Advisors LLC boosted its stake in iShares MSCI USA Size Factor ETF by 3.2% in the first quarter. NewEdge Advisors LLC now owns 2,350 shares of the company’s stock worth $342,000 after buying an additional 73 shares in the last quarter. Signature Resources Capital Management LLC boosted its stake in iShares MSCI USA Size Factor ETF by 415.0% in the fourth quarter. Signature Resources Capital Management LLC now owns 206 shares of the company’s stock worth $33,000 after buying an additional 166 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI USA Size Factor ETF in the fourth quarter worth approximately $30,000. Finally, Trinity Wealth Management LLC boosted its stake in iShares MSCI USA Size Factor ETF by 0.5% in the fourth quarter. Trinity Wealth Management LLC now owns 112,294 shares of the company’s stock worth $18,143,000 after buying an additional 587 shares in the last quarter.

iShares MSCI USA Size Factor ETF Price Performance

Shares of SIZE opened at $176.78 on Monday. The firm has a market cap of $424.27 million, a P/E ratio of 21.17 and a beta of 0.96. The stock has a 50 day simple moving average of $170.56 and a two-hundred day simple moving average of $166.48. iShares MSCI USA Size Factor ETF has a 1 year low of $149.68 and a 1 year high of $177.11.

iShares MSCI USA Size Factor ETF Company Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.