iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sees Significant Decrease in Short Interest

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 337 shares, a decrease of 46.2% from the September 30th total of 626 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,408 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of iShares MSCI USA Small-Cap Min Vol Factor ETF

A number of institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC boosted its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% during the 2nd quarter. CoreCap Advisors LLC now owns 1,371 shares of the company’s stock worth $63,000 after acquiring an additional 852 shares during the last quarter. Oarsman Capital Inc. acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter valued at about $112,000. Advisors Preferred LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter worth approximately $157,000. Continuum Advisory LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the second quarter valued at $235,000. Finally, Community Bank & Trust Waco Texas bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter valued at about $601,000.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.1%

Shares of BATS SMMV opened at $46.77 on Friday. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 1-year low of $41.67 and a 1-year high of $47.98. The company has a market cap of $355.45 million, a PE ratio of 18.24 and a beta of 0.69. The company has a 50-day moving average of $46.10 and a two-hundred day moving average of $45.44.

iShares MSCI USA Small-Cap Min Vol Factor ETF Company Profile

The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints. SMMV was launched on Sep 7, 2016 and is managed by BlackRock.