Short Interest in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Drops By 48.1%

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 655,271 shares, a decrease of 48.1% from the November 30th total of 1,262,693 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,789,255 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 1,789,255 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IQLT. Guerra Advisors Inc acquired a new position in iShares MSCI Intl Quality Factor ETF during the third quarter worth about $27,000. GAMMA Investing LLC increased its position in iShares MSCI Intl Quality Factor ETF by 244.0% during the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares in the last quarter. Independence Bank of Kentucky bought a new position in iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at approximately $41,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $42,000. Finally, Russell Investments Group Ltd. grew its stake in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the second quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock worth $49,000 after buying an additional 852 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.2%

Shares of NYSEARCA:IQLT traded up $0.08 during trading on Friday, reaching $45.80. 1,126,703 shares of the stock were exchanged, compared to its average volume of 2,000,442. iShares MSCI Intl Quality Factor ETF has a 12 month low of $35.51 and a 12 month high of $45.81. The stock has a 50-day moving average price of $44.83 and a 200-day moving average price of $43.83. The firm has a market cap of $13.40 billion, a PE ratio of 18.86 and a beta of 0.89.

About iShares MSCI Intl Quality Factor ETF

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.