Short Interest in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Increases By 81.5%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 259,674 shares, a growth of 81.5% from the June 30th total of 143,064 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 479,125 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IWS. Allied Private Wealth LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at about $27,000. Signature Resources Capital Management LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 116.5% during the first quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after buying an additional 92 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $28,000. Triumph Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth $29,000. Finally, Abound Wealth Management raised its position in iShares Russell Mid-Cap Value ETF by 135.3% in the 2nd quarter. Abound Wealth Management now owns 240 shares of the company’s stock valued at $40,000 after buying an additional 138 shares during the last quarter. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 0.2%

IWS stock traded down $0.37 during midday trading on Thursday, reaching $167.60. 361,673 shares of the company’s stock traded hands, compared to its average volume of 492,655. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The firm’s fifty day moving average price is $163.51 and its 200-day moving average price is $155.32. iShares Russell Mid-Cap Value ETF has a 52 week low of $131.46 and a 52 week high of $169.71.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.