iShares US Small Cap Value Factor ETF (BATS:SVAL) Sees Significant Increase in Short Interest

iShares US Small Cap Value Factor ETF (BATS:SVAL) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 54,645 shares, an increase of 65.3% from the August 31st total of 33,065 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 141,979 shares, the short-interest ratio is currently 0.4 days.

iShares US Small Cap Value Factor ETF Stock Performance

Shares of iShares US Small Cap Value Factor ETF stock opened at $41.32 on Thursday. iShares US Small Cap Value Factor ETF has a 52 week low of $31.96 and a 52 week high of $44.28. The stock has a 50 day moving average price of $43.03 and a two-hundred day moving average price of $40.63. The stock has a market capitalization of $175.61 million, a PE ratio of 12.43 and a beta of 1.05.

Hedge Funds Weigh In On iShares US Small Cap Value Factor ETF

A number of large investors have recently modified their holdings of SVAL. NewEdge Advisors LLC increased its stake in iShares US Small Cap Value Factor ETF by 9,811.3% during the 2nd quarter. NewEdge Advisors LLC now owns 5,253 shares of the company’s stock valued at $219,000 after purchasing an additional 5,200 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of iShares US Small Cap Value Factor ETF during the second quarter valued at about $260,000. NovaPoint Capital LLC grew its holdings in shares of iShares US Small Cap Value Factor ETF by 7.6% during the first quarter. NovaPoint Capital LLC now owns 16,571 shares of the company’s stock valued at $596,000 after buying an additional 1,174 shares during the last quarter. Apeiron RIA LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF during the first quarter worth about $1,082,000. Finally, Citadel Advisors LLC increased its position in shares of iShares US Small Cap Value Factor ETF by 50.5% during the second quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock worth $1,744,000 after acquiring an additional 14,006 shares in the last quarter.

iShares US Small Cap Value Factor ETF Company Profile

The iShares US Small Cap Value Factor ETF (SVAL) is an exchange-traded fund that is based on the Russell 2000 Focused Value Select index. The fund tracks an equally-weighted index of small-cap value companies selected by multiple factors. SVAL was launched on Oct 27, 2020 and is managed by BlackRock.