iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Short Interest Up 134.4% in July

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 867,620 shares, an increase of 134.4% from the July 15th total of 370,096 shares. Based on an average trading volume of 829,726 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.8% of the company’s stock are short sold.

iShares MSCI Intl Value Factor ETF Stock Performance

IVLU traded up $0.05 during midday trading on Friday, reaching $44.35. 482,828 shares of the company were exchanged, compared to its average volume of 1,248,080. The company’s fifty day moving average price is $42.69 and its 200 day moving average price is $41.81. iShares MSCI Intl Value Factor ETF has a one year low of $34.47 and a one year high of $44.49. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 10.99 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 98.9% in the first quarter. Root Financial Partners LLC now owns 893 shares of the company’s stock worth $35,000 after buying an additional 444 shares in the last quarter. Legacy Wealth Managment LLC ID boosted its stake in iShares MSCI Intl Value Factor ETF by 1,024.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 877 shares of the company’s stock worth $35,000 after buying an additional 799 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of iShares MSCI Intl Value Factor ETF during the 1st quarter valued at $38,000. Rothschild Investment LLC grew its stake in shares of iShares MSCI Intl Value Factor ETF by 53.2% during the fourth quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock valued at $45,000 after buying an additional 415 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in iShares MSCI Intl Value Factor ETF by 174.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after purchasing an additional 1,046 shares during the period.

About iShares MSCI Intl Value Factor ETF

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.