iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Stock Short Interest Jumps 259.8%

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 626 shares, a growth of 259.8% from the September 15th total of 174 shares. Based on an average trading volume of 14,247 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Performance

SMMV opened at $45.40 on Tuesday. The stock has a market capitalization of $345.04 million, a PE ratio of 18.24 and a beta of 0.69. iShares MSCI USA Small-Cap Min Vol Factor ETF has a one year low of $41.67 and a one year high of $47.98. The business’s 50 day moving average price is $46.44 and its 200 day moving average price is $45.59.

Institutional Investors Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Community Bank & Trust Waco Texas acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter valued at $601,000. Continuum Advisory LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter worth $235,000. Advisors Preferred LLC acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter worth about $157,000. Oarsman Capital Inc. acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter worth about $112,000. Finally, CoreCap Advisors LLC increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% during the 2nd quarter. CoreCap Advisors LLC now owns 1,371 shares of the company’s stock worth $63,000 after purchasing an additional 852 shares during the last quarter.

iShares MSCI USA Small-Cap Min Vol Factor ETF Company Profile

The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints. SMMV was launched on Sep 7, 2016 and is managed by BlackRock.