iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Up 100.1% in April

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 307,641 shares, an increase of 100.1% from the April 15th total of 153,744 shares. Based on an average trading volume of 292,666 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s shares are sold short.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS traded down $2.37 during mid-day trading on Friday, reaching $155.43. 305,503 shares of the stock were exchanged, compared to its average volume of 499,875. iShares Russell Mid-Cap Value ETF has a 1-year low of $125.56 and a 1-year high of $159.71. The business’s fifty day simple moving average is $151.06 and its 200 day simple moving average is $146.93. The stock has a market capitalization of $14.81 billion, a PE ratio of 19.11 and a beta of 0.96.

Institutional Trading of iShares Russell Mid-Cap Value ETF

A number of hedge funds have recently bought and sold shares of IWS. Northwestern Mutual Wealth Management Co. boosted its position in iShares Russell Mid-Cap Value ETF by 1,160.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after acquiring an additional 3,282,372 shares during the last quarter. Align Financial LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $31,613,000. BNP Paribas Financial Markets boosted its position in iShares Russell Mid-Cap Value ETF by 397.2% during the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after acquiring an additional 198,581 shares during the last quarter. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap Value ETF by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after acquiring an additional 165,686 shares during the last quarter. Finally, Arax Advisory Partners acquired a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $19,302,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.