Short Interest in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Drops By 41.2%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 243,808 shares, a drop of 41.2% from the December 31st total of 414,500 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 493,976 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 493,976 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IWS. Clearstead Trust LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $25,000. Clean Yield Group purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $25,000. Westside Investment Management Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 108.3% in the second quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 104 shares in the last quarter. Financial Consulate Inc. bought a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at $29,000. Finally, Rossmore Private Capital purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter worth approximately $29,000. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Down 1.2%

Shares of IWS traded down $1.80 during trading hours on Friday, hitting $146.03. The company had a trading volume of 210,426 shares, compared to its average volume of 458,526. iShares Russell Mid-Cap Value ETF has a 12 month low of $108.85 and a 12 month high of $150.03. The firm has a market cap of $14.58 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. The business has a fifty day moving average of $143.78 and a 200-day moving average of $139.75.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.