iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Stock Short Interest Jumps 77.4%

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 13,406 shares, a growth of 77.4% from the September 15th total of 7,558 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 11,784 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF

Hedge funds have recently modified their holdings of the business. Mather Group LLC. purchased a new stake in iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $105,000. Chapin Davis Inc. acquired a new position in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth about $654,000. Apella Capital LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the 3rd quarter worth approximately $202,000. Rockland Trust Co. acquired a new position in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth $959,000. Finally, NorthRock Partners LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter worth about $219,000.

iShares Morningstar U.S. Equity ETF Trading Down 0.0%

ILCB stock traded down $0.02 during midday trading on Thursday, hitting $107.90. 5,266 shares of the company’s stock were exchanged, compared to its average volume of 16,511. The business has a 50-day simple moving average of $106.54 and a two-hundred day simple moving average of $102.88. The stock has a market capitalization of $1.32 billion, a PE ratio of 26.16 and a beta of -1.08. iShares Morningstar U.S. Equity ETF has a 1-year low of $86.96 and a 1-year high of $108.11.

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.