Short Interest in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Increases By 126.0%

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 72,118 shares, an increase of 126.0% from the July 30th total of 31,914 shares. Based on an average daily volume of 99,253 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. lifted its position in iShares U.S. Equity Factor ETF by 127.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock worth $35,000 after acquiring an additional 285 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $41,000. Timmons Wealth Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $56,000. Key Financial Inc bought a new position in shares of iShares U.S. Equity Factor ETF during the fourth quarter worth approximately $60,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the fourth quarter worth approximately $67,000.

iShares U.S. Equity Factor ETF Stock Down 0.4%

Shares of LRGF traded down $0.28 during trading hours on Friday, hitting $78.48. The company had a trading volume of 106,192 shares, compared to its average volume of 214,644. The business has a fifty day moving average of $76.67 and a 200-day moving average of $72.96. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 12 month low of $63.89 and a 12 month high of $79.44.

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.