iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Down 48.1% in December

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 655,271 shares, a decline of 48.1% from the November 30th total of 1,262,693 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,789,255 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 1,789,255 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IQLT. Guerra Advisors Inc bought a new position in iShares MSCI Intl Quality Factor ETF in the 3rd quarter valued at about $27,000. GAMMA Investing LLC raised its stake in shares of iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares during the last quarter. Independence Bank of Kentucky bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $41,000. Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $42,000. Finally, Russell Investments Group Ltd. boosted its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after buying an additional 852 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.2%

Shares of IQLT traded up $0.08 during trading hours on Friday, reaching $45.80. The stock had a trading volume of 1,126,703 shares, compared to its average volume of 2,000,442. The firm has a 50-day simple moving average of $44.83 and a 200 day simple moving average of $43.83. iShares MSCI Intl Quality Factor ETF has a 12 month low of $35.51 and a 12 month high of $45.81. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89.

About iShares MSCI Intl Quality Factor ETF

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.