iShares US Small Cap Value Factor ETF (BATS:SVAL) Sees Large Growth in Short Interest

iShares US Small Cap Value Factor ETF (BATS:SVAL) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 54,645 shares, an increase of 65.3% from the August 31st total of 33,065 shares. Based on an average daily trading volume, of 141,979 shares, the short-interest ratio is currently 0.4 days. Approximately 1.3% of the shares of the company are short sold.

Institutional Trading of iShares US Small Cap Value Factor ETF

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of iShares US Small Cap Value Factor ETF by 22.8% in the first quarter. Bank of America Corp DE now owns 158,826 shares of the company’s stock valued at $5,708,000 after purchasing an additional 29,540 shares in the last quarter. Citadel Advisors LLC lifted its position in iShares US Small Cap Value Factor ETF by 50.5% in the second quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock worth $1,744,000 after purchasing an additional 14,006 shares during the period. Money Concepts Capital Corp acquired a new stake in iShares US Small Cap Value Factor ETF during the first quarter worth $98,939,000. Apeiron RIA LLC acquired a new stake in iShares US Small Cap Value Factor ETF during the first quarter worth $1,082,000. Finally, NewEdge Advisors LLC increased its holdings in iShares US Small Cap Value Factor ETF by 9,811.3% in the 2nd quarter. NewEdge Advisors LLC now owns 5,253 shares of the company’s stock valued at $219,000 after buying an additional 5,200 shares during the period.

iShares US Small Cap Value Factor ETF Stock Up 1.0%

SVAL stock opened at $41.72 on Friday. iShares US Small Cap Value Factor ETF has a twelve month low of $31.96 and a twelve month high of $44.28. The company has a market cap of $177.31 million, a PE ratio of 12.43 and a beta of 1.05. The business’s 50-day simple moving average is $43.02 and its 200 day simple moving average is $40.67.

About iShares US Small Cap Value Factor ETF

The iShares US Small Cap Value Factor ETF (SVAL) is an exchange-traded fund that is based on the Russell 2000 Focused Value Select index. The fund tracks an equally-weighted index of small-cap value companies selected by multiple factors. SVAL was launched on Oct 27, 2020 and is managed by BlackRock.