iShares MSCI Global Quality Factor ETF (BATS:AQLT) Sees Significant Decline in Short Interest

iShares MSCI Global Quality Factor ETF (BATS:AQLT) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 26,768 shares, a decrease of 82.6% from the June 30th total of 153,657 shares. Based on an average trading volume of 59,390 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

iShares MSCI Global Quality Factor ETF Stock Down 0.1%

Shares of AQLT stock opened at $30.82 on Friday. iShares MSCI Global Quality Factor ETF has a 12 month low of $25.13 and a 12 month high of $32.24. The firm has a market cap of $234.23 million and a price-to-earnings ratio of 24.97. The stock has a 50-day moving average price of $31.23 and a 200 day moving average price of $29.91.

Hedge Funds Weigh In On iShares MSCI Global Quality Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of AQLT. HB Wealth Management LLC acquired a new stake in iShares MSCI Global Quality Factor ETF during the 1st quarter worth $267,000. Balentine LLC grew its stake in shares of iShares MSCI Global Quality Factor ETF by 1.1% during the first quarter. Balentine LLC now owns 6,657,001 shares of the company’s stock worth $183,996,000 after purchasing an additional 69,524 shares during the period. Virtu Financial LLC bought a new stake in iShares MSCI Global Quality Factor ETF in the fourth quarter valued at about $206,000. OLD Mission Capital LLC bought a new stake in iShares MSCI Global Quality Factor ETF in the fourth quarter valued at about $1,408,000. Finally, Royal Bank of Canada lifted its stake in iShares MSCI Global Quality Factor ETF by 11.0% in the fourth quarter. Royal Bank of Canada now owns 17,235 shares of the company’s stock valued at $484,000 after buying an additional 1,701 shares during the period.

iShares MSCI Global Quality Factor ETF Company Profile

The iShares MSCI Global Quality Factor ETF (AQLT) is an exchange-traded fund that is based on the MSCI ACWI Quality index. The fund tracks an index of large- and mid-cap stocks from around the world selected for their high quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. AQLT was launched on Dec 11, 2024 and is issued by BlackRock.