iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Increase in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 695,493 shares, an increase of 182.9% from the April 30th total of 245,834 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 1,172,872 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Several large investors have recently made changes to their positions in IVLU. Root Financial Partners LLC boosted its stake in iShares MSCI Intl Value Factor ETF by 98.9% during the 1st quarter. Root Financial Partners LLC now owns 893 shares of the company’s stock valued at $35,000 after purchasing an additional 444 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its stake in iShares MSCI Intl Value Factor ETF by 1,024.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 877 shares of the company’s stock valued at $35,000 after purchasing an additional 799 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at about $38,000. Rothschild Investment LLC boosted its stake in iShares MSCI Intl Value Factor ETF by 53.2% during the 4th quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock valued at $45,000 after purchasing an additional 415 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in iShares MSCI Intl Value Factor ETF during the 3rd quarter valued at about $56,000.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU traded up $0.01 during trading hours on Friday, hitting $42.95. The stock had a trading volume of 536,201 shares, compared to its average volume of 1,455,111. The firm has a 50 day simple moving average of $41.23 and a 200-day simple moving average of $39.96. The firm has a market capitalization of $4.13 billion, a P/E ratio of 10.99 and a beta of 0.61. iShares MSCI Intl Value Factor ETF has a 1-year low of $31.60 and a 1-year high of $43.40.

About iShares MSCI Intl Value Factor ETF

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.