Short Interest in iShares International Equity Factor ETF (NYSEARCA:INTF) Drops By 57.6%

iShares International Equity Factor ETF (NYSEARCA:INTF) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 214,648 shares, a decline of 57.6% from the June 30th total of 506,230 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 318,869 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. AlphaCore Capital LLC acquired a new position in shares of iShares International Equity Factor ETF during the fourth quarter worth $23,427,000. Summit Wealth Group LLC Co. purchased a new position in shares of iShares International Equity Factor ETF in the fourth quarter valued at $513,000. Heck Capital Advisors LLC grew its holdings in iShares International Equity Factor ETF by 445.6% during the 4th quarter. Heck Capital Advisors LLC now owns 344,720 shares of the company’s stock valued at $13,013,000 after purchasing an additional 281,539 shares in the last quarter. Halbert Hargrove Global Advisors LLC grew its holdings in iShares International Equity Factor ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 3,330,873 shares of the company’s stock valued at $125,740,000 after purchasing an additional 68,017 shares in the last quarter. Finally, Ipsen Advisor Group LLC purchased a new stake in iShares International Equity Factor ETF during the 4th quarter worth $2,417,000.

iShares International Equity Factor ETF Stock Down 0.2%

Shares of NYSEARCA INTF traded down $0.08 on Tuesday, hitting $41.36. The company had a trading volume of 167,497 shares, compared to its average volume of 277,277. iShares International Equity Factor ETF has a 12-month low of $33.53 and a 12-month high of $41.97. The firm has a market capitalization of $3.57 billion, a P/E ratio of 14.00 and a beta of 0.74. The business has a 50 day moving average of $41.21 and a two-hundred day moving average of $40.49.

iShares International Equity Factor ETF Company Profile

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.