iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Down 41.0% in May

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 181,540 shares, a drop of 41.0% from the April 30th total of 307,641 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 307,221 shares, the days-to-cover ratio is currently 0.6 days.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA IWS opened at $160.35 on Tuesday. The company has a 50 day simple moving average of $153.60 and a 200 day simple moving average of $148.48. The firm has a market cap of $15.28 billion, a PE ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a 1 year low of $126.48 and a 1 year high of $160.93.

Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF

Institutional investors have recently added to or reduced their stakes in the business. Signature Resources Capital Management LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 116.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock worth $25,000 after acquiring an additional 92 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $28,000. Triumph Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $29,000. Center for Financial Planning Inc. grew its holdings in iShares Russell Mid-Cap Value ETF by 113.8% during the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock worth $35,000 after acquiring an additional 132 shares during the last quarter. Finally, Investment Counsel Co. of Nevada bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $35,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.