iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 385,930 shares, a growth of 65.8% from the August 15th total of 232,809 shares. Based on an average daily volume of 253,624 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the company’s shares are sold short.
iShares MSCI Intl Momentum Factor ETF Trading Down 0.3%
iShares MSCI Intl Momentum Factor ETF stock opened at $52.69 on Thursday. The company has a 50-day moving average price of $53.06 and a 200 day moving average price of $51.94. iShares MSCI Intl Momentum Factor ETF has a 12-month low of $45.97 and a 12-month high of $54.79. The stock has a market cap of $4.20 billion, a P/E ratio of 17.95 and a beta of 0.81.
Institutional Trading of iShares MSCI Intl Momentum Factor ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Dopkins Wealth Management LLC boosted its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 1.2% in the 1st quarter. Dopkins Wealth Management LLC now owns 49,224 shares of the company’s stock valued at $2,364,000 after buying an additional 563 shares in the last quarter. Western Wealth Management LLC acquired a new stake in iShares MSCI Intl Momentum Factor ETF during the 1st quarter worth $28,000. G&S Capital LLC raised its stake in iShares MSCI Intl Momentum Factor ETF by 2.7% during the 2nd quarter. G&S Capital LLC now owns 23,525 shares of the company’s stock worth $1,255,000 after acquiring an additional 624 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the first quarter valued at $31,000. Finally, Rothschild Investment LLC purchased a new stake in iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at $32,000.
About iShares MSCI Intl Momentum Factor ETF
The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that is based on the MSCI World ex USA Momentum index. The fund tracks an index of large- and mid-cap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum. IMTM was launched on Jan 13, 2015 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares MSCI Intl Momentum Factor ETF
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for iShares MSCI Intl Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
