iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Update

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,013,117 shares, an increase of 75.4% from the May 31st total of 1,718,213 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily volume of 1,161,662 shares, the days-to-cover ratio is presently 2.6 days.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $49.60 on Friday. iShares MSCI Intl Quality Factor ETF has a one year low of $41.20 and a one year high of $50.08. The stock has a market capitalization of $13.66 billion, a P/E ratio of 18.86 and a beta of 0.83. The business’s 50-day simple moving average is $49.07 and its 200-day simple moving average is $47.85.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Box Hill Private Wealth LLC grew its position in shares of iShares MSCI Intl Quality Factor ETF by 4.2% during the second quarter. Box Hill Private Wealth LLC now owns 33,987 shares of the company’s stock worth $1,684,000 after acquiring an additional 1,369 shares during the last quarter. Steelhead Wealth Management LLC acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 1st quarter worth $299,000. Allen Capital Group LLC grew its position in iShares MSCI Intl Quality Factor ETF by 0.6% during the 1st quarter. Allen Capital Group LLC now owns 1,016,646 shares of the company’s stock worth $47,000,000 after purchasing an additional 6,226 shares during the last quarter. WNY Asset Management LLC acquired a new position in iShares MSCI Intl Quality Factor ETF in the first quarter valued at $1,022,000. Finally, Segall Bryant & Hamill LLC acquired a new position in iShares MSCI Intl Quality Factor ETF in the first quarter valued at $5,268,000.

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.