iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Shorted: Short Interest Up 862.8% in September

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 7,558 shares, a growth of 862.8% from the August 31st total of 785 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 9,543 shares, the short-interest ratio is currently 0.8 days.

iShares Morningstar U.S. Equity ETF Stock Up 0.5%

ILCB traded up $0.52 during trading on Friday, reaching $106.96. The company had a trading volume of 6,989 shares, compared to its average volume of 16,689. The business has a 50 day simple moving average of $105.53 and a 200-day simple moving average of $101.35. The stock has a market cap of $1.31 billion, a P/E ratio of 26.16 and a beta of 1.02. iShares Morningstar U.S. Equity ETF has a 52 week low of $86.96 and a 52 week high of $108.11.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. NorthRock Partners LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF during the second quarter valued at approximately $219,000. Corient Private Wealth LP boosted its holdings in iShares Morningstar U.S. Equity ETF by 0.3% during the 2nd quarter. Corient Private Wealth LP now owns 96,203 shares of the company’s stock valued at $9,971,000 after acquiring an additional 291 shares during the period. Ameritas Advisory Services LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the second quarter worth $681,000. Compass Financial Management LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter worth $43,000. Finally, Evanson Financial LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter valued at $259,000.

iShares Morningstar U.S. Equity ETF Company Profile

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.