Short Interest in iShares International Equity Factor ETF (NYSEARCA:INTF) Drops By 37.8%

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 85,496 shares, a drop of 37.8% from the April 30th total of 137,447 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 425,106 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of iShares International Equity Factor ETF

Hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID raised its stake in iShares International Equity Factor ETF by 1,981.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock valued at $31,000 after acquiring an additional 753 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in iShares International Equity Factor ETF during the 1st quarter valued at $32,000. Russell Investments Group Ltd. acquired a new position in shares of iShares International Equity Factor ETF during the 2nd quarter valued at $28,000. Arax Advisory Partners acquired a new position in shares of iShares International Equity Factor ETF during the 4th quarter valued at $34,000. Finally, Maseco LLP acquired a new position in shares of iShares International Equity Factor ETF during the 4th quarter valued at $53,000.

iShares International Equity Factor ETF Trading Up 0.6%

Shares of NYSEARCA INTF opened at $41.68 on Wednesday. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 14.00 and a beta of 0.75. iShares International Equity Factor ETF has a 12-month low of $32.75 and a 12-month high of $41.97. The stock’s 50 day simple moving average is $40.50 and its 200 day simple moving average is $39.37.

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.