iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sees Large Increase in Short Interest

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,772,042 shares, an increase of 36.6% from the January 29th total of 2,028,632 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 1,987,845 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 1,987,845 shares, the short-interest ratio is currently 1.4 days. Currently, 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Russell Mid-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the business. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $28,000. HHM Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at $29,000. KERR FINANCIAL PLANNING Corp bought a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at $32,000. Reflection Asset Management acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $33,000. Finally, Traub Capital Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth about $37,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 0.2%

iShares Russell Mid-Cap ETF stock traded up $0.20 during trading hours on Monday, reaching $103.19. 2,700,489 shares of the company’s stock were exchanged, compared to its average volume of 2,235,145. The firm’s 50 day simple moving average is $100.17 and its 200 day simple moving average is $97.43. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $103.53. The firm has a market capitalization of $49.35 billion, a PE ratio of 21.00 and a beta of 1.06.

About iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.