iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) Short Interest Update

iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 704,516 shares, an increase of 905.6% from the April 15th total of 70,061 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 491,065 shares, the short-interest ratio is presently 1.4 days.

iShares MSCI Intl Momentum Factor ETF Stock Down 1.3%

IMTM traded down $0.68 during midday trading on Tuesday, reaching $52.34. 137,575 shares of the company’s stock were exchanged, compared to its average volume of 673,348. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 17.95 and a beta of 0.81. iShares MSCI Intl Momentum Factor ETF has a one year low of $42.67 and a one year high of $53.21. The business has a 50-day simple moving average of $50.11 and a two-hundred day simple moving average of $49.58.

Institutional Trading of iShares MSCI Intl Momentum Factor ETF

Several hedge funds have recently modified their holdings of IMTM. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 5.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,855,822 shares of the company’s stock worth $1,096,396,000 after buying an additional 1,132,648 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,096,731 shares of the company’s stock worth $911,869,000 after buying an additional 810,082 shares in the last quarter. Symmetry Partners LLC increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 109.6% during the fourth quarter. Symmetry Partners LLC now owns 883,958 shares of the company’s stock worth $42,404,000 after buying an additional 462,143 shares in the last quarter. AdvisorShares Investments LLC acquired a new stake in shares of iShares MSCI Intl Momentum Factor ETF in the fourth quarter valued at approximately $16,805,000. Finally, Bank of America Corp DE increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 73.8% in the third quarter. Bank of America Corp DE now owns 629,951 shares of the company’s stock valued at $30,162,000 after purchasing an additional 267,422 shares in the last quarter.

iShares MSCI Intl Momentum Factor ETF Company Profile

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that is based on the MSCI World ex USA Momentum index. The fund tracks an index of large- and mid-cap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum. IMTM was launched on Jan 13, 2015 and is managed by BlackRock.