iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Stock Short Interest Jumps 77.4%

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,406 shares, an increase of 77.4% from the September 15th total of 7,558 shares. Based on an average daily trading volume, of 11,784 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Morningstar U.S. Equity ETF Trading Down 0.0%

ILCB stock traded down $0.02 on Thursday, hitting $107.90. The company’s stock had a trading volume of 5,266 shares, compared to its average volume of 16,511. The firm has a 50 day moving average of $106.54 and a two-hundred day moving average of $102.88. iShares Morningstar U.S. Equity ETF has a 1 year low of $86.96 and a 1 year high of $108.11. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 26.16 and a beta of -1.08.

Institutional Trading of iShares Morningstar U.S. Equity ETF

Hedge funds have recently made changes to their positions in the company. Compass Financial Management LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the second quarter valued at about $43,000. Western Wealth Management LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the 1st quarter valued at approximately $45,000. Monetary Solutions Ltd acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at approximately $68,000. Mather Group LLC. purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $105,000. Finally, Apella Capital LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $202,000.

About iShares Morningstar U.S. Equity ETF

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.