Short Interest in iShares International Equity Factor ETF (NYSEARCA:INTF) Rises By 310.6%

iShares International Equity Factor ETF (NYSEARCA:INTF) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 301,491 shares, an increase of 310.6% from the May 31st total of 73,429 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 233,714 shares, the short-interest ratio is currently 1.3 days.

iShares International Equity Factor ETF Stock Performance

NYSEARCA INTF traded down $0.15 on Friday, hitting $40.63. The stock had a trading volume of 204,669 shares, compared to its average volume of 280,344. iShares International Equity Factor ETF has a 52-week low of $33.53 and a 52-week high of $41.97. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74. The firm has a 50-day moving average of $41.13 and a 200-day moving average of $39.95.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in iShares International Equity Factor ETF by 27.7% in the 1st quarter. Royal Bank of Canada now owns 7,454 shares of the company’s stock worth $231,000 after acquiring an additional 1,619 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of iShares International Equity Factor ETF by 2.0% during the 1st quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock valued at $942,000 after acquiring an additional 609 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares International Equity Factor ETF by 199.8% during the 1st quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock valued at $9,282,000 after acquiring an additional 200,583 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of iShares International Equity Factor ETF during the second quarter worth about $28,000. Finally, Diversify Advisory Services LLC grew its holdings in shares of iShares International Equity Factor ETF by 30.3% during the second quarter. Diversify Advisory Services LLC now owns 59,350 shares of the company’s stock worth $2,087,000 after purchasing an additional 13,817 shares in the last quarter.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.