iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Growth in Short Interest

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 56,489 shares, a growth of 63.2% from the December 15th total of 34,618 shares. Based on an average trading volume of 28,918 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 28,918 shares, the days-to-cover ratio is presently 2.0 days.

iShares Morningstar Small-Cap Growth ETF Price Performance

iShares Morningstar Small-Cap Growth ETF stock traded down $0.01 during trading hours on Friday, reaching $59.38. The company had a trading volume of 194,567 shares, compared to its average volume of 78,115. iShares Morningstar Small-Cap Growth ETF has a 12-month low of $38.73 and a 12-month high of $59.67. The company has a 50-day moving average price of $56.03 and a 200 day moving average price of $54.10. The firm has a market cap of $881.79 million, a price-to-earnings ratio of 26.03 and a beta of 1.10.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Growth ETF

Institutional investors have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the second quarter valued at about $39,000. Mather Group LLC. bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter worth about $46,000. Assetmark Inc. increased its holdings in iShares Morningstar Small-Cap Growth ETF by 121.4% during the 2nd quarter. Assetmark Inc. now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 493 shares during the period. Glassy Mountain Advisors Inc. bought a new position in iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at approximately $68,000. Finally, Chilton Capital Management LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF in the 3rd quarter worth approximately $90,000.

iShares Morningstar Small-Cap Growth ETF Company Profile

The iShares Morningstar Small-Cap Growth ETF (ISCG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap growth stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s growth style categorization. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.