iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Short Interest Up 218.0% in April

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 173,480 shares, a growth of 218.0% from the April 15th total of 54,558 shares. Based on an average trading volume of 85,923 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $46,000. Modus Advisors LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $57,000. Triumph Capital Management acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 3rd quarter valued at approximately $122,000. Holos Integrated Wealth LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $127,000. Finally, Koenig Investment Advisory LLC acquired a new position in iShares MSCI Global Min Vol Factor ETF in the 4th quarter valued at approximately $223,000.

iShares MSCI Global Min Vol Factor ETF Price Performance

ACWV stock opened at $120.63 on Friday. iShares MSCI Global Min Vol Factor ETF has a 52-week low of $115.80 and a 52-week high of $125.28. The company’s 50 day simple moving average is $120.43 and its 200-day simple moving average is $120.45. The firm has a market capitalization of $3.40 billion, a P/E ratio of 18.66 and a beta of 0.57.

About iShares MSCI Global Min Vol Factor ETF

The iShares MSCI Global Min Vol Factor ETF (ACWV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks selected and weighted to create a low volatility portfolio. ACWV was launched on Oct 18, 2011 and is managed by BlackRock.