Short Interest in iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Expands By 40.6%

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,627 shares, a growth of 40.6% from the December 15th total of 5,426 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 4,599 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 4,599 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the company’s shares are short sold.

iShares Morningstar Small-Cap ETF Trading Down 0.2%

Shares of NYSEARCA:ISCB traded down $0.11 during mid-day trading on Friday, reaching $69.06. The stock had a trading volume of 4,022 shares, compared to its average volume of 11,793. The firm has a market cap of $265.88 million, a PE ratio of 39.69 and a beta of 1.12. The firm has a 50 day simple moving average of $65.42 and a two-hundred day simple moving average of $63.28. iShares Morningstar Small-Cap ETF has a twelve month low of $46.59 and a twelve month high of $69.42.

Hedge Funds Weigh In On iShares Morningstar Small-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers increased its position in shares of iShares Morningstar Small-Cap ETF by 2,079.9% in the 2nd quarter. Cetera Investment Advisers now owns 197,039 shares of the company’s stock valued at $11,483,000 after buying an additional 188,000 shares in the last quarter. Bank of America Corp DE grew its stake in iShares Morningstar Small-Cap ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 67,100 shares of the company’s stock valued at $4,256,000 after acquiring an additional 1,500 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of iShares Morningstar Small-Cap ETF by 11.9% in the second quarter. Avantax Advisory Services Inc. now owns 59,119 shares of the company’s stock worth $3,445,000 after acquiring an additional 6,303 shares in the last quarter. Citadel Advisors LLC raised its position in shares of iShares Morningstar Small-Cap ETF by 192.8% during the third quarter. Citadel Advisors LLC now owns 31,476 shares of the company’s stock worth $1,996,000 after purchasing an additional 20,726 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Morningstar Small-Cap ETF by 0.9% during the third quarter. Ameriprise Financial Inc. now owns 22,619 shares of the company’s stock worth $1,433,000 after purchasing an additional 194 shares during the period. 0.01% of the stock is owned by institutional investors.

About iShares Morningstar Small-Cap ETF

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.