iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Sees Large Drop in Short Interest

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 35,263 shares, a decline of 43.6% from the September 30th total of 62,489 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average trading volume of 6,645 shares, the short-interest ratio is currently 5.3 days.

iShares MSCI USA Size Factor ETF Stock Performance

iShares MSCI USA Size Factor ETF stock traded down $2.23 during midday trading on Friday, reaching $180.13. 1,901 shares of the stock were exchanged, compared to its average volume of 5,734. iShares MSCI USA Size Factor ETF has a 52 week low of $154.04 and a 52 week high of $187.16. The firm has a market cap of $432.31 million, a PE ratio of 21.17 and a beta of 0.96. The company’s fifty day moving average is $179.19 and its 200-day moving average is $173.34.

Institutional Investors Weigh In On iShares MSCI USA Size Factor ETF

Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers bought a new stake in iShares MSCI USA Size Factor ETF during the first quarter valued at approximately $209,000. TD Waterhouse Canada Inc. grew its stake in iShares MSCI USA Size Factor ETF by 4.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,762 shares of the company’s stock worth $308,000 after buying an additional 68 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI USA Size Factor ETF by 101.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,441 shares of the company’s stock worth $708,000 after buying an additional 2,234 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of iShares MSCI USA Size Factor ETF in the 3rd quarter worth $866,000. Finally, G&S Capital LLC raised its position in shares of iShares MSCI USA Size Factor ETF by 5.4% during the 2nd quarter. G&S Capital LLC now owns 6,917 shares of the company’s stock valued at $1,233,000 after buying an additional 357 shares in the last quarter.

About iShares MSCI USA Size Factor ETF

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.