Short Interest in iShares International Equity Factor ETF (NYSEARCA:INTF) Drops By 37.8%

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 85,496 shares, a decline of 37.8% from the April 30th total of 137,447 shares. Based on an average daily trading volume, of 425,106 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of iShares International Equity Factor ETF

A number of institutional investors have recently bought and sold shares of INTF. Russell Investments Group Ltd. acquired a new stake in iShares International Equity Factor ETF during the second quarter valued at $28,000. Legacy Wealth Managment LLC ID lifted its position in shares of iShares International Equity Factor ETF by 1,981.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock worth $31,000 after buying an additional 753 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of iShares International Equity Factor ETF in the first quarter worth about $32,000. Arax Advisory Partners acquired a new stake in shares of iShares International Equity Factor ETF in the fourth quarter worth about $34,000. Finally, Maseco LLP acquired a new stake in shares of iShares International Equity Factor ETF in the fourth quarter worth about $53,000.

iShares International Equity Factor ETF Trading Up 0.6%

Shares of INTF stock opened at $41.68 on Wednesday. iShares International Equity Factor ETF has a 1-year low of $32.75 and a 1-year high of $41.97. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 14.00 and a beta of 0.75. The stock’s fifty day simple moving average is $40.50 and its 200-day simple moving average is $39.37.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.