iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Significant Increase in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 695,493 shares, an increase of 182.9% from the April 30th total of 245,834 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,172,872 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock opened at $42.95 on Monday. The stock’s fifty day simple moving average is $41.23 and its 200 day simple moving average is $39.99. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 10.99 and a beta of 0.61. iShares MSCI Intl Value Factor ETF has a one year low of $31.60 and a one year high of $43.40.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several institutional investors have recently bought and sold shares of the business. Wealthfront Advisers LLC raised its position in iShares MSCI Intl Value Factor ETF by 2.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after purchasing an additional 314 shares during the last quarter. VestGen Advisors LLC raised its position in iShares MSCI Intl Value Factor ETF by 1.8% in the 4th quarter. VestGen Advisors LLC now owns 21,105 shares of the company’s stock valued at $803,000 after purchasing an additional 363 shares during the last quarter. AE Wealth Management LLC raised its position in iShares MSCI Intl Value Factor ETF by 21.4% in the 3rd quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock valued at $74,000 after purchasing an additional 370 shares during the last quarter. Fiduciary Alliance LLC raised its position in iShares MSCI Intl Value Factor ETF by 5.3% in the 4th quarter. Fiduciary Alliance LLC now owns 7,629 shares of the company’s stock valued at $290,000 after purchasing an additional 381 shares during the last quarter. Finally, Valued Wealth Advisors LLC raised its position in iShares MSCI Intl Value Factor ETF by 0.6% in the 4th quarter. Valued Wealth Advisors LLC now owns 68,537 shares of the company’s stock valued at $2,608,000 after purchasing an additional 389 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.