iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Shorted: Short Interest Up 77.4% in September

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 13,406 shares, a growth of 77.4% from the September 15th total of 7,558 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 11,784 shares, the short-interest ratio is currently 1.1 days.

iShares Morningstar U.S. Equity ETF Price Performance

ILCB traded down $1.23 during trading on Friday, hitting $105.79. The company’s stock had a trading volume of 7,282 shares, compared to its average volume of 16,511. iShares Morningstar U.S. Equity ETF has a twelve month low of $86.96 and a twelve month high of $108.11. The stock has a market cap of $1.30 billion, a PE ratio of 26.16 and a beta of 0.98. The firm’s 50 day moving average price is $106.54 and its 200-day moving average price is $103.04.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Mather Group LLC. acquired a new position in iShares Morningstar U.S. Equity ETF in the third quarter valued at $105,000. Chapin Davis Inc. purchased a new position in iShares Morningstar U.S. Equity ETF during the third quarter worth about $654,000. Apella Capital LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the 3rd quarter worth about $202,000. Rockland Trust Co. acquired a new stake in iShares Morningstar U.S. Equity ETF in the 3rd quarter worth about $959,000. Finally, NorthRock Partners LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth about $219,000.

iShares Morningstar U.S. Equity ETF Company Profile

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.