iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Significant Growth in Short Interest

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 287,721 shares, an increase of 564.8% from the January 29th total of 43,282 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,228,280 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 2,228,280 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

iShares MSCI Intl Quality Factor ETF Price Performance

Shares of NYSEARCA IQLT traded down $0.40 during mid-day trading on Thursday, reaching $49.32. 821,203 shares of the company traded hands, compared to its average volume of 2,789,728. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $49.78. The firm has a market cap of $13.43 billion, a PE ratio of 18.86 and a beta of 0.89. The stock has a fifty day simple moving average of $47.28 and a 200-day simple moving average of $45.28.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Institutional investors have recently modified their holdings of the company. Trust Co. of Toledo NA OH lifted its stake in iShares MSCI Intl Quality Factor ETF by 436.9% during the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. Guerra Advisors Inc acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at $27,000. Arax Advisory Partners bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth $37,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the 4th quarter worth $44,000.

About iShares MSCI Intl Quality Factor ETF

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.