Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Declines By 55.5%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 624,499 shares, a decrease of 55.5% from the December 15th total of 1,404,277 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 911,131 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 911,131 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

A number of large investors have recently bought and sold shares of the stock. Hollencrest Capital Management purchased a new position in iShares MSCI Intl Value Factor ETF during the second quarter worth $46,000. Fifth Third Bancorp acquired a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter valued at $56,000. Russell Investments Group Ltd. boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 174.6% during the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock valued at $58,000 after acquiring an additional 1,046 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth about $58,000. Finally, Ameritas Advisory Services LLC acquired a new position in iShares MSCI Intl Value Factor ETF in the 2nd quarter valued at about $59,000.

iShares MSCI Intl Value Factor ETF Price Performance

IVLU traded up $0.36 during midday trading on Wednesday, reaching $39.52. 1,558,773 shares of the company’s stock were exchanged, compared to its average volume of 1,210,875. iShares MSCI Intl Value Factor ETF has a 1-year low of $26.41 and a 1-year high of $39.52. The stock has a market capitalization of $3.32 billion, a PE ratio of 10.99 and a beta of 0.71. The business’s 50-day moving average price is $37.62 and its 200 day moving average price is $35.72.

About iShares MSCI Intl Value Factor ETF

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.