iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Decline in Short Interest

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 63,198 shares, a drop of 47.1% from the January 15th total of 119,368 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 488,490 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 488,490 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

iShares U.S. Small Cap Equity Factor ETF Trading Up 1.4%

Shares of iShares U.S. Small Cap Equity Factor ETF stock traded up $1.10 during trading hours on Friday, hitting $78.86. 184,465 shares of the company were exchanged, compared to its average volume of 355,026. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $53.39 and a 1 year high of $80.72. The business has a 50-day moving average of $77.60 and a 200-day moving average of $74.74.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Hedge funds have recently made changes to their positions in the stock. Acropolis Investment Management LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 5.1% in the 3rd quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock worth $62,191,000 after buying an additional 44,367 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth about $216,000. Redhawk Wealth Advisors Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $4,649,000. Farther Finance Advisors LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 432.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 52,238 shares of the company’s stock worth $3,884,000 after purchasing an additional 42,421 shares in the last quarter. Finally, Anfield Capital Management LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 0.8% in the 2nd quarter. Anfield Capital Management LLC now owns 97,280 shares of the company’s stock worth $6,610,000 after acquiring an additional 807 shares during the last quarter.

About iShares U.S. Small Cap Equity Factor ETF

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.