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

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 809,115 shares, a decrease of 73.1% from the June 15th total of 3,013,117 shares. Based on an average trading volume of 1,602,401 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

iShares MSCI Intl Quality Factor ETF Stock Down 0.9%

IQLT stock traded down $0.46 during midday trading on Monday, reaching $49.10. The stock had a trading volume of 1,940,585 shares, compared to its average volume of 2,001,257. The business has a fifty day simple moving average of $49.19 and a two-hundred day simple moving average of $48.04. The firm has a market cap of $13.53 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a twelve month low of $41.20 and a twelve month high of $50.08.

Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF

Institutional investors have recently modified their holdings of the business. Trust Co. of Toledo NA OH lifted its holdings in iShares MSCI Intl Quality Factor ETF by 436.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the period. Arax Advisory Partners acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter worth $37,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $42,000. Lloyd Advisory Services LLC. bought a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at $44,000. Finally, Russell Investments Group Ltd. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after acquiring an additional 852 shares during the last quarter.

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.