iShares US Small Cap Value Factor ETF (BATS:SVAL) Stock Short Interest Report for October

iShares US Small Cap Value Factor ETF (BATS:SVAL) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 7,179 shares, a drop of 71.6% from the September 30th total of 25,301 shares. Based on an average daily volume of 24,749 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

iShares US Small Cap Value Factor ETF Stock Performance

SVAL stock opened at $43.23 on Thursday. The stock has a market capitalization of $183.73 million, a PE ratio of 12.43 and a beta of 1.05. iShares US Small Cap Value Factor ETF has a one year low of $31.96 and a one year high of $44.28. The company has a fifty day moving average of $42.63 and a 200-day moving average of $40.06.

Institutional Trading of iShares US Small Cap Value Factor ETF

Several institutional investors have recently modified their holdings of the company. Money Concepts Capital Corp bought a new position in shares of iShares US Small Cap Value Factor ETF in the first quarter worth about $98,939,000. B.A. Schrock Wealth Management Inc. bought a new stake in iShares US Small Cap Value Factor ETF during the 3rd quarter worth about $2,489,000. Apeiron RIA LLC bought a new stake in iShares US Small Cap Value Factor ETF during the 1st quarter worth about $1,082,000. Bank of America Corp DE lifted its position in iShares US Small Cap Value Factor ETF by 22.8% during the 1st 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 during the period. Finally, Citadel Advisors LLC lifted its position in iShares US Small Cap Value Factor ETF by 50.5% during the 2nd quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock valued at $1,744,000 after purchasing an additional 14,006 shares during the period.

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.