iShares MSCI Global Quality Factor ETF (BATS:AQLT) Sees Large Decline in Short Interest

iShares MSCI Global Quality Factor ETF (BATS:AQLT) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 28,698 shares, a decline of 51.1% from the July 30th total of 58,646 shares. Based on an average daily trading volume, of 72,408 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in iShares MSCI Global Quality Factor ETF during the 4th quarter worth $206,000. HB Wealth Management LLC purchased a new position in shares of iShares MSCI Global Quality Factor ETF in the first quarter worth about $267,000. Strategic Blueprint LLC purchased a new position in shares of iShares MSCI Global Quality Factor ETF in the fourth quarter worth about $327,000. Sunbelt Securities Inc. acquired a new position in iShares MSCI Global Quality Factor ETF during the third quarter worth about $335,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Global Quality Factor ETF during the second quarter worth about $419,000.

iShares MSCI Global Quality Factor ETF Price Performance

Shares of iShares MSCI Global Quality Factor ETF stock opened at $31.95 on Friday. The stock has a market capitalization of $242.82 million and a P/E ratio of 24.97. The business has a 50 day simple moving average of $31.52 and a two-hundred day simple moving average of $30.41. iShares MSCI Global Quality Factor ETF has a 12 month low of $25.78 and a 12 month high of $32.58.

About iShares MSCI Global Quality Factor ETF

The iShares MSCI Global Quality Factor ETF (AQLT) is an exchange-traded fund that is based on the MSCI ACWI Quality index. The fund tracks an index of large- and mid-cap stocks from around the world selected for their high quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. AQLT was launched on Dec 11, 2024 and is issued by BlackRock.