iShares International Equity Factor ETF (NYSEARCA:INTF) Short Interest Update

iShares International Equity Factor ETF (NYSEARCA:INTF) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 257,308 shares, a drop of 46.2% from the July 30th total of 478,172 shares. Based on an average daily volume of 183,395 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the company are sold short.

iShares International Equity Factor ETF Trading Down 0.2%

NYSEARCA INTF traded down $0.10 on Monday, hitting $42.89. 166,447 shares of the company traded hands, compared to its average volume of 267,889. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74. The business’s 50 day moving average price is $41.92 and its 200-day moving average price is $41.04. iShares International Equity Factor ETF has a 52-week low of $34.79 and a 52-week high of $43.41.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in iShares International Equity Factor ETF during the 2nd quarter worth approximately $28,000. Legacy Wealth Managment LLC ID increased its stake in shares of iShares International Equity Factor ETF by 1,981.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock worth $31,000 after purchasing an additional 753 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of iShares International Equity Factor ETF in the first quarter worth $32,000. Arax Advisory Partners bought a new stake in shares of iShares International Equity Factor ETF during the 4th quarter valued at $34,000. Finally, IFP Advisors Inc lifted its stake in shares of iShares International Equity Factor ETF by 39.9% during the 4th quarter. IFP Advisors Inc now owns 2,561 shares of the company’s stock valued at $97,000 after buying an additional 730 shares in the last quarter.

About iShares International Equity Factor ETF

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.