iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Decline in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 353,764 shares, a drop of 66.2% from the February 26th total of 1,047,749 shares. Based on an average daily trading volume, of 2,172,856 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,172,856 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock traded up $0.55 during mid-day trading on Wednesday, hitting $39.33. The company had a trading volume of 43,372 shares, compared to its average volume of 1,737,091. iShares MSCI Intl Value Factor ETF has a 52-week low of $26.41 and a 52-week high of $43.06. The stock’s 50 day moving average price is $40.77 and its 200-day moving average price is $38.11. The company has a market capitalization of $3.43 billion, a P/E ratio of 10.99 and a beta of 0.71.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rothschild Investment LLC lifted its stake in iShares MSCI Intl Value Factor ETF by 53.2% in the 4th quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock worth $45,000 after purchasing an additional 415 shares in the last quarter. Hollencrest Capital Management purchased a new position in shares of iShares MSCI Intl Value Factor ETF during the second quarter valued at about $46,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter worth about $56,000. Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 174.6% in the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after purchasing an additional 1,046 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter worth about $58,000.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.