iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Up 279.0% in May

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 10,774 shares, an increase of 279.0% from the May 14th total of 2,843 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 10,834 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ILCB. O Shaughnessy Asset Management LLC bought a new position in iShares Morningstar U.S. Equity ETF during the 4th quarter worth $26,000. Flagship Harbor Advisors LLC bought a new position in iShares Morningstar U.S. Equity ETF during the 4th quarter worth $30,000. Olistico Wealth LLC bought a new position in iShares Morningstar U.S. Equity ETF during the 4th quarter worth $45,000. Western Wealth Management LLC bought a new position in iShares Morningstar U.S. Equity ETF during the 1st quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Morningstar U.S. Equity ETF during the 4th quarter worth $57,000.

iShares Morningstar U.S. Equity ETF Trading Up 0.5%

ILCB traded up $0.50 during trading on Friday, reaching $102.77. 5,955 shares of the company were exchanged, compared to its average volume of 19,104. The stock has a market cap of $1.26 billion, a P/E ratio of 26.16 and a beta of 1.02. The firm has a 50 day moving average of $99.92 and a 200 day moving average of $96.14. iShares Morningstar U.S. Equity ETF has a 52 week low of $82.30 and a 52 week high of $105.39.

About iShares Morningstar U.S. Equity ETF

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.