iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Up 186.1% in May

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 34,262 shares, an increase of 186.1% from the April 30th total of 11,974 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 129,970 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth $25,000. Richardson Financial Services Inc. acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth $49,000. International Assets Investment Management LLC acquired a new position in iShares Russell Top 200 Value ETF during the first quarter worth $55,000. Bessemer Group Inc. acquired a new position in iShares Russell Top 200 Value ETF during the first quarter worth $61,000. Finally, Tower Research Capital LLC TRC increased its holdings in iShares Russell Top 200 Value ETF by 42.1% during the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after buying an additional 231 shares during the last quarter.

iShares Russell Top 200 Value ETF Stock Performance

IWX traded down $0.01 during trading on Friday, reaching $103.73. 202,964 shares of the stock were exchanged, compared to its average volume of 268,680. The stock has a market cap of $3.51 billion, a P/E ratio of 19.39 and a beta of 0.78. iShares Russell Top 200 Value ETF has a twelve month low of $81.04 and a twelve month high of $104.19. The stock’s 50 day moving average price is $98.05 and its two-hundred day moving average price is $95.22.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.