iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Short Interest Update

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 410,710 shares, an increase of 124.9% from the June 30th total of 182,633 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 352,537 shares, the short-interest ratio is presently 1.2 days.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.3%

Shares of iShares MSCI Intl Momentum Factor ETF stock traded down $0.66 during trading on Wednesday, reaching $50.33. 1,021,592 shares of the stock were exchanged, compared to its average volume of 587,658. The stock’s fifty day moving average is $52.60 and its 200 day moving average is $51.38. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 17.95 and a beta of 0.80. iShares MSCI Intl Momentum Factor ETF has a 1 year low of $44.32 and a 1 year high of $54.39.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ritholtz Wealth Management increased its stake in shares of iShares MSCI Intl Momentum Factor ETF by 3.6% during the fourth quarter. Ritholtz Wealth Management now owns 1,593,085 shares of the company’s stock valued at $76,420,000 after buying an additional 55,900 shares during the period. Capital Investment Advisory Services LLC lifted its stake in iShares MSCI Intl Momentum Factor ETF by 26.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 53,517 shares of the company’s stock worth $2,567,000 after acquiring an additional 11,176 shares during the period. UBS Group AG lifted its stake in iShares MSCI Intl Momentum Factor ETF by 6.2% in the fourth quarter. UBS Group AG now owns 549,089 shares of the company’s stock worth $26,340,000 after acquiring an additional 32,275 shares during the period. Rollins Financial Advisors LLC boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 157.2% in the fourth quarter. Rollins Financial Advisors LLC now owns 16,388 shares of the company’s stock valued at $786,000 after acquiring an additional 10,017 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its holdings in iShares MSCI Intl Momentum Factor ETF by 3.5% in the fourth quarter. Great Valley Advisor Group Inc. now owns 464,532 shares of the company’s stock valued at $22,283,000 after acquiring an additional 15,668 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Company Profile

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that is based on the MSCI World ex USA Momentum index. The fund tracks an index of large- and mid-cap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum. IMTM was launched on Jan 13, 2015 and is managed by BlackRock.