iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Drop in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 353,764 shares, a decrease of 66.2% from the February 26th total of 1,047,749 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 2,172,856 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares MSCI Intl Value Factor ETF

A number of large investors have recently made changes to their positions in IVLU. Rothschild Investment LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 53.2% in the 4th quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock valued at $45,000 after acquiring an additional 415 shares during the last quarter. Hollencrest Capital Management bought a new stake in iShares MSCI Intl Value Factor ETF during the second quarter worth approximately $46,000. Fifth Third Bancorp bought a new stake in iShares MSCI Intl Value Factor ETF during the third quarter worth approximately $56,000. Russell Investments Group Ltd. raised its position in iShares MSCI Intl Value Factor ETF by 174.6% during the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock valued at $58,000 after purchasing an additional 1,046 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $58,000.

iShares MSCI Intl Value Factor ETF Trading Down 1.8%

IVLU traded down $0.69 during trading hours on Thursday, hitting $38.66. The company’s stock had a trading volume of 1,204,475 shares, compared to its average volume of 1,745,856. The business’s 50-day moving average price is $40.75 and its 200-day moving average price is $38.12. iShares MSCI Intl Value Factor ETF has a 12 month low of $26.41 and a 12 month high of $43.06. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71.

About iShares MSCI Intl Value Factor ETF

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.