iShares International Equity Factor ETF (NYSEARCA:INTF) Short Interest Up 310.6% in June

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 301,491 shares, an increase of 310.6% from the May 31st total of 73,429 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 233,714 shares, the days-to-cover ratio is presently 1.3 days.

iShares International Equity Factor ETF Price Performance

NYSEARCA:INTF traded down $0.09 during mid-day trading on Monday, reaching $40.54. The stock had a trading volume of 7,394 shares, compared to its average volume of 278,085. The stock has a market cap of $3.38 billion, a P/E ratio of 14.00 and a beta of 0.74. The business’s 50 day moving average is $41.13 and its 200 day moving average is $39.97. iShares International Equity Factor ETF has a fifty-two week low of $33.53 and a fifty-two week high of $41.97.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Several hedge funds have recently bought and sold shares of INTF. Sovran Advisors LLC lifted its position in shares of iShares International Equity Factor ETF by 4.1% in the first quarter. Sovran Advisors LLC now owns 7,380 shares of the company’s stock worth $302,000 after buying an additional 291 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in iShares International Equity Factor ETF by 2.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 19,254 shares of the company’s stock worth $727,000 after purchasing an additional 371 shares during the period. D.A. Davidson & CO. grew its holdings in iShares International Equity Factor ETF by 8.7% during the first quarter. D.A. Davidson & CO. now owns 6,276 shares of the company’s stock valued at $245,000 after purchasing an additional 500 shares during the last quarter. IFP Advisors Inc grew its holdings in iShares International Equity Factor ETF by 44.5% during the third quarter. IFP Advisors Inc now owns 1,831 shares of the company’s stock valued at $66,000 after purchasing an additional 564 shares during the last quarter. Finally, MML Investors Services LLC raised its position in shares of iShares International Equity Factor ETF by 4.7% in the fourth quarter. MML Investors Services LLC now owns 13,620 shares of the company’s stock valued at $514,000 after purchasing an additional 608 shares during the period.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.