iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) Short Interest Up 1,473.3% in August

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMFGet Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,353 shares, a growth of 1,473.3% from the August 15th total of 86 shares. Based on an average trading volume of 581 shares, the short-interest ratio is currently 2.3 days.

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF Price Performance

OTCMKTS:IEMMF remained flat at $117.35 during trading hours on Thursday. 255 shares of the company’s stock traded hands, compared to its average volume of 1,163. iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF has a one year low of $92.00 and a one year high of $124.15. The firm has a fifty day simple moving average of $116.64 and a 200 day simple moving average of $108.88.

The iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) is an Ireland-domiciled exchange-traded fund managed by BlackRock under its iShares brand. The fund seeks to track the performance of the MSCI World Momentum Index, which is designed to capture the performance of large- and mid-capitalization developed-market companies exhibiting relatively higher price momentum. By focusing on securities with strong recent price trends, the ETF offers investors targeted exposure to a factor-based equity strategy within the global equity universe.

Holdings are selected and weighted based on their momentum scores, with periodic rebalancing to ensure the portfolio remains aligned with the underlying index methodology.

Further Reading

Receive News & Ratings for iShares IV Public Limited Company - iShares Edge MSCI World Momentum Factor UCITS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares IV Public Limited Company - iShares Edge MSCI World Momentum Factor UCITS ETF and related companies with MarketBeat.com's FREE daily email newsletter.