iShares MSCI USA Quality Factor ETF (BATS:QUAL) Short Interest Up 150.3% in July

iShares MSCI USA Quality Factor ETF (BATS:QUAL) was the target of a large increase in short interest in the month of 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 short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares MSCI USA Quality Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empire Life Investments Inc. raised its position in iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares during the period. Sunbelt Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after purchasing an additional 52 shares during the last quarter. First Command Advisory Services Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares during the last quarter. Northwest Financial Advisors increased its position in shares of iShares MSCI USA Quality Factor ETF by 3.8% during the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after purchasing an additional 53 shares during the last quarter. Finally, Sherman Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 0.3% in the 2nd quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after buying an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $227.18 on Friday. The company has a market capitalization of $65.87 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50 day simple moving average of $218.38 and a 200-day simple moving average of $208.80. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year 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.