iShares MSCI USA Quality Factor ETF (BATS:QUAL) Short Interest Update

iShares MSCI USA Quality Factor ETF (BATS:QUAL) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 642,836 shares, an increase of 150.3% from the July 15th total of 256,776 shares. Based on an average daily trading volume, of 1,011,053 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Advocate Investing Services LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $30,000. Finally, Cornerstone Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.6%

Shares of BATS QUAL opened at $225.84 on Friday. The business has a 50-day moving average of $218.64 and a 200-day moving average of $208.92. The firm has a market capitalization of $65.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $227.32.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.