iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Down 86.9% in March

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 52,992 shares, a drop of 86.9% from the February 26th total of 405,510 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,476,109 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 2,476,109 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT traded up $0.60 on Wednesday, reaching $46.01. The company’s stock had a trading volume of 1,400,495 shares, compared to its average volume of 2,603,295. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $49.91. The firm has a market cap of $12.53 billion, a PE ratio of 18.86 and a beta of 0.89. The business’s 50-day moving average price is $47.65 and its two-hundred day moving average price is $45.81.

Hedge Funds Weigh In On iShares MSCI Intl Quality Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Trust Co. of Toledo NA OH raised its holdings in iShares MSCI Intl Quality Factor ETF by 436.9% during the 4th quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock worth $25,000 after buying an additional 450 shares during the period. Guerra Advisors Inc acquired a new position in shares of iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $27,000. Arax Advisory Partners bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth $37,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the second quarter worth $42,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the fourth quarter worth $44,000.

iShares MSCI Intl Quality Factor ETF Company Profile

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.