iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Sees Significant Growth in Short Interest

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 2,206,169 shares, an increase of 58.3% from the July 30th total of 1,393,615 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 1,169,181 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of iShares MSCI Intl Quality Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arax Advisory Partners acquired a new position in iShares MSCI Intl Quality Factor ETF during the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd bought a new position in iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $42,000. Lloyd Advisory Services LLC. acquired a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $44,000. Russell Investments Group Ltd. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after purchasing an additional 852 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $51,000.

iShares MSCI Intl Quality Factor ETF Trading Down 1.2%

Shares of IQLT stock opened at $50.86 on Wednesday. The firm’s fifty day moving average price is $50.39 and its two-hundred day moving average price is $49.02. iShares MSCI Intl Quality Factor ETF has a 1 year low of $42.47 and a 1 year high of $52.36. The firm has a market capitalization of $14.01 billion, a P/E ratio of 18.86 and a beta of 0.82.

iShares MSCI Intl Quality Factor ETF Company Profile

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.