iShares International Equity Factor ETF (NYSEARCA:INTF) Short Interest Update

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 478,172 shares, a growth of 122.8% from the July 15th total of 214,648 shares. Based on an average daily volume of 192,565 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Trading of iShares International Equity Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in iShares International Equity Factor ETF by 10.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 19,066,471 shares of the company’s stock valued at $719,759,000 after acquiring an additional 1,823,907 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of iShares International Equity Factor ETF in the fourth quarter valued at approximately $29,930,000. Invesco Ltd. increased its stake in shares of iShares International Equity Factor ETF by 25.4% during the third quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock worth $113,476,000 after purchasing an additional 640,000 shares during the period. AlphaCore Capital LLC bought a new position in shares of iShares International Equity Factor ETF during the fourth quarter worth approximately $23,427,000. Finally, Ameriprise Financial Inc. lifted its holdings in iShares International Equity Factor ETF by 61.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,059,484 shares of the company’s stock worth $36,264,000 after purchasing an additional 402,408 shares during the last quarter.

iShares International Equity Factor ETF Trading Up 0.1%

Shares of NYSEARCA:INTF traded up $0.03 on Friday, hitting $43.29. The company had a trading volume of 171,071 shares, compared to its average volume of 268,757. iShares International Equity Factor ETF has a 1-year low of $34.79 and a 1-year high of $43.41. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74. The stock has a 50 day moving average price of $41.52 and a 200 day moving average price of $40.81.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.