iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Stock Short Interest Falls 79.2%

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 13,756 shares, a drop of 79.2% from the October 15th total of 66,118 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 50,405 shares, the days-to-cover ratio is presently 0.3 days.

iShares International Small Cap Equity Factor ETF Stock Down 0.7%

Shares of ISCF traded down $0.30 during midday trading on Thursday, hitting $43.80. The company’s stock had a trading volume of 1,966 shares, compared to its average volume of 54,558. iShares International Small Cap Equity Factor ETF has a one year low of $38.99 and a one year high of $46.44. The company’s fifty day simple moving average is $44.57 and its two-hundred day simple moving average is $44.30. The stock has a market capitalization of $713.92 million, a price-to-earnings ratio of 14.05 and a beta of 0.83.

Institutional Trading of iShares International Small Cap Equity Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of ISCF. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares International Small Cap Equity Factor ETF in the third quarter valued at about $93,000. Stillwater Private Wealth LLC bought a new position in iShares International Small Cap Equity Factor ETF in the first quarter valued at about $1,435,000. Finally, Bank of New York Mellon Corp raised its stake in iShares International Small Cap Equity Factor ETF by 2.2% during the first quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock worth $1,506,000 after acquiring an additional 774 shares in the last quarter.

About iShares International Small Cap Equity Factor ETF

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.