iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Stock Short Interest Jumps 108.4%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,177,172 shares, an increase of 108.4% from the September 30th total of 564,754 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily volume of 1,527,784 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares MSCI Intl Value Factor ETF

A number of large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new position in iShares MSCI Intl Value Factor ETF during the third quarter worth approximately $25,000. Signaturefd LLC purchased a new position in shares of iShares MSCI Intl Value Factor ETF in the third quarter worth approximately $34,000. Legacy Wealth Managment LLC ID boosted its holdings in iShares MSCI Intl Value Factor ETF by 1,024.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 877 shares of the company’s stock valued at $35,000 after acquiring an additional 799 shares during the period. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Intl Value Factor ETF in the first quarter valued at about $38,000. Finally, Foresight Capital Management Advisors Inc. bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $59,000.

iShares MSCI Intl Value Factor ETF Trading Down 1.1%

NYSEARCA:IVLU traded down $0.47 during trading hours on Friday, hitting $42.17. 1,474,196 shares of the stock traded hands, compared to its average volume of 1,210,115. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 10.99 and a beta of 0.63. iShares MSCI Intl Value Factor ETF has a fifty-two week low of $35.31 and a fifty-two week high of $45.09. The firm has a 50 day moving average price of $43.37 and a 200 day moving average price of $42.14.

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.