Short Interest in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Declines By 18.1%

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,578,814 shares, a drop of 18.1% from the November 30th total of 4,371,759 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 5,287,645 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 5,287,645 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company’s shares are sold short.

iShares Core S&P Small-Cap ETF Price Performance

Shares of NYSEARCA:IJR traded down $1.51 during mid-day trading on Wednesday, reaching $120.18. 3,348,657 shares of the company were exchanged, compared to its average volume of 4,925,900. The firm’s 50-day simple moving average is $120.03 and its 200 day simple moving average is $116.59. iShares Core S&P Small-Cap ETF has a 1 year low of $89.22 and a 1 year high of $125.84. The firm has a market cap of $86.76 billion, a price-to-earnings ratio of 16.52 and a beta of 1.08.

Institutional Trading of iShares Core S&P Small-Cap ETF

A number of large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in iShares Core S&P Small-Cap ETF by 24.3% during the 4th quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after buying an additional 5,853 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of iShares Core S&P Small-Cap ETF during the fourth quarter worth about $55,011,000. Invesco Ltd. grew its stake in iShares Core S&P Small-Cap ETF by 2.8% during the 1st quarter. Invesco Ltd. now owns 6,918 shares of the exchange traded fund’s stock worth $723,000 after buying an additional 191 shares during the last quarter. Trexquant Investment LP acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the first quarter valued at approximately $548,000. Finally, Focus Partners Advisor Solutions LLC boosted its stake in iShares Core S&P Small-Cap ETF by 7.0% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 29,964 shares of the exchange traded fund’s stock worth $3,133,000 after purchasing an additional 1,961 shares during the period. 66.92% of the stock is currently owned by hedge funds and other institutional investors.

About iShares Core S&P Small-Cap ETF

iShares Core S&P Small-Cap ETF, formerly iShares S&P SmallCap 600 Index Fund, seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s SmallCap 600 Index (the Index). The Index measures the performance of publicly traded securities in the small-capitalization sector of the United States equity market. The Index serves as the underlying index for the S&P 600/Citigroup Growth and Value Index series. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares.