iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Up 219.6% in August

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 176,146 shares, a growth of 219.6% from the July 30th total of 55,120 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 348,098 shares, the days-to-cover ratio is currently 0.5 days.

iShares Russell Top 200 Value ETF Trading Down 0.2%

IWX stock traded down $0.24 during mid-day trading on Thursday, reaching $112.74. The company’s stock had a trading volume of 37,265 shares, compared to its average volume of 309,676. The stock has a market cap of $4.07 billion, a PE ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a fifty-two week low of $85.93 and a fifty-two week high of $113.73. The company’s 50 day moving average is $109.17 and its two-hundred day moving average is $102.15.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC purchased a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth $25,000. International Assets Investment Management LLC acquired a new stake in iShares Russell Top 200 Value ETF during the first quarter worth about $55,000. Bessemer Group Inc. purchased a new position in iShares Russell Top 200 Value ETF during the first quarter worth about $61,000. Tower Research Capital LLC TRC raised its stake 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 purchasing an additional 231 shares during the period. Finally, Harbour Investments Inc. raised its stake in iShares Russell Top 200 Value ETF by 101.7% during the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock worth $76,000 after purchasing an additional 418 shares during the period.

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.