iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Large Increase in Short Interest

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 50,818 shares, a growth of 94.4% from the May 14th total of 26,143 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 9,489 shares, the short-interest ratio is currently 5.4 days.

iShares Morningstar Small-Cap Value ETF Stock Performance

Shares of NYSEARCA ISCV traded down $0.45 during trading hours on Monday, hitting $76.82. 5,110 shares of the stock were exchanged, compared to its average volume of 15,049. The company has a market cap of $668.33 million, a PE ratio of 13.52 and a beta of 0.99. The company’s fifty day simple moving average is $74.08 and its two-hundred day simple moving average is $71.94. iShares Morningstar Small-Cap Value ETF has a 1-year low of $59.29 and a 1-year high of $77.79.

Institutional Trading of iShares Morningstar Small-Cap Value ETF

Hedge funds have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC acquired a new stake in iShares Morningstar Small-Cap Value ETF in the fourth quarter valued at approximately $29,000. Bessemer Group Inc. acquired a new stake in iShares Morningstar Small-Cap Value ETF in the first quarter valued at approximately $48,000. Laurel Wealth Advisors LLC acquired a new stake in iShares Morningstar Small-Cap Value ETF in the fourth quarter valued at approximately $58,000. Rockefeller Capital Management L.P. boosted its position in iShares Morningstar Small-Cap Value ETF by 16.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock valued at $74,000 after buying an additional 150 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new stake in iShares Morningstar Small-Cap Value ETF in the fourth quarter valued at approximately $121,000.

About iShares Morningstar Small-Cap Value ETF

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