iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 69,009 shares, a decline of 59.4% from the November 30th total of 169,885 shares. Based on an average daily volume of 183,563 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 183,563 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Institutional investors have recently modified their holdings of the company. Acropolis Investment Management LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 5.1% during the third quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock worth $62,191,000 after buying an additional 44,367 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 22.6% during the 1st quarter. Raymond James Financial Inc. now owns 67,380 shares of the company’s stock worth $4,188,000 after acquiring an additional 12,406 shares during the period. Arkadios Wealth Advisors bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth about $216,000. Park Avenue Securities LLC boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 12.6% during the 2nd quarter. Park Avenue Securities LLC now owns 5,958 shares of the company’s stock valued at $405,000 after acquiring an additional 669 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $10,295,000.

iShares U.S. Small Cap Equity Factor ETF Stock Performance

Shares of SMLF opened at $76.40 on Friday. The company has a 50-day simple moving average of $74.54 and a 200-day simple moving average of $72.25. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $77.68. The firm has a market capitalization of $2.65 billion, a P/E ratio of 17.17 and a beta of 1.10.

About iShares U.S. Small Cap Equity Factor ETF

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.