Short Interest in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Rises By 62.9%

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 119,368 shares, an increase of 62.9% from the December 31st total of 73,276 shares. Based on an average daily volume of 344,792 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 344,792 shares, the days-to-cover ratio is currently 0.3 days.

iShares U.S. Small Cap Equity Factor ETF Price Performance

Shares of SMLF stock traded down $0.87 on Friday, hitting $77.80. The company’s stock had a trading volume of 114,379 shares, compared to its average volume of 416,584. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $53.39 and a fifty-two week high of $80.72. The firm’s fifty day moving average price is $76.82 and its 200-day moving average price is $74.16.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Acropolis Investment Management LLC increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 5.1% during the third quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock valued at $62,191,000 after purchasing an additional 44,367 shares during the period. Arkadios Wealth Advisors acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $216,000. Janney Montgomery Scott LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $10,295,000. Redhawk Wealth Advisors Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the third quarter worth $4,649,000. Finally, Farther Finance Advisors LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 432.1% in the third quarter. Farther Finance Advisors LLC now owns 52,238 shares of the company’s stock worth $3,884,000 after acquiring an additional 42,421 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.