iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 119,368 shares, an increase of 62.9% from the December 31st total of 73,276 shares. Based on an average daily volume of 344,792 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 344,792 shares, the days-to-cover ratio is currently 0.3 days.

iShares U.S. Small Cap Equity Factor ETF Trading Down 1.1%

Shares of NYSEARCA:SMLF opened at $77.80 on Monday. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $80.72. The company’s 50 day moving average is $76.82 and its two-hundred day moving average is $74.19. The company has a market cap of $3.05 billion, a PE ratio of 17.17 and a beta of 1.10.

Hedge Funds Weigh In On iShares U.S. Small Cap Equity Factor ETF

Several hedge funds have recently made changes to their positions in the company. Avidian Wealth Enterprises LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 2.2% in the third quarter. Avidian Wealth Enterprises LLC now owns 6,583 shares of the company’s stock valued at $489,000 after purchasing an additional 140 shares during the period. AdvisorNet Financial Inc grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 4.8% in the 3rd quarter. AdvisorNet Financial Inc now owns 3,126 shares of the company’s stock valued at $232,000 after purchasing an additional 144 shares during the last quarter. Dynamic Wealth Strategies LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 0.9% in the 3rd quarter. Dynamic Wealth Strategies LLC now owns 20,583 shares of the company’s stock valued at $1,530,000 after purchasing an additional 181 shares during the last quarter. Empirical Asset Management LLC increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 1.1% in the second quarter. Empirical Asset Management LLC now owns 18,885 shares of the company’s stock valued at $1,283,000 after purchasing an additional 198 shares during the period. Finally, Golden State Equity Partners raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3.7% during the fourth quarter. Golden State Equity Partners now owns 6,590 shares of the company’s stock worth $492,000 after purchasing an additional 236 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.