iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Significant Increase in Short Interest

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 457,514 shares, an increase of 70.2% from the August 31st total of 268,827 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 227,239 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On iShares International Equity Factor ETF

A number of hedge funds have recently bought and sold shares of INTF. Ipsen Advisor Group LLC acquired a new stake in iShares International Equity Factor ETF during the fourth quarter worth about $2,417,000. Northwest Wealth Advisors LLC lifted its holdings in shares of iShares International Equity Factor ETF by 13.3% during the first quarter. Northwest Wealth Advisors LLC now owns 194,093 shares of the company’s stock valued at $7,562,000 after acquiring an additional 22,728 shares during the period. Compound Planning Inc. increased its position in shares of iShares International Equity Factor ETF by 2.3% during the 4th quarter. Compound Planning Inc. now owns 2,005,671 shares of the company’s stock worth $75,714,000 after purchasing an additional 44,916 shares in the last quarter. Thrive Wealth Management LLC increased its holdings in shares of iShares International Equity Factor ETF by 48.8% during the second quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock worth $20,859,000 after buying an additional 167,102 shares in the last quarter. Finally, Ritholtz Wealth Management acquired a new stake in iShares International Equity Factor ETF during the 1st quarter valued at $1,105,000.

iShares International Equity Factor ETF Price Performance

Shares of INTF stock traded up $0.19 on Wednesday, hitting $41.96. The company’s stock had a trading volume of 18,198 shares, compared to its average volume of 276,302. iShares International Equity Factor ETF has a fifty-two week low of $35.39 and a fifty-two week high of $43.49. The firm’s fifty day moving average price is $42.53 and its 200-day moving average price is $41.30. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 14.00 and a beta of 0.75.

iShares International Equity Factor ETF Company Profile

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.