Short Interest in iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Drops By 25.0%

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 600 shares, adropof25.0% from the July 15th total of 800 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company’s shares are sold short. Currently,0.0% of the company’s shares are sold short. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Morningstar Small-Cap ETF

Several hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in iShares Morningstar Small-Cap ETF by 13.6% in the 2nd quarter. Bank of America Corp DE now owns 65,600 shares of the company’s stock worth $3,823,000 after purchasing an additional 7,839 shares during the period. Strategic Financial Planning Inc. purchased a new stake in shares of iShares Morningstar Small-Cap ETF in the second quarter valued at $209,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Morningstar Small-Cap ETF by 24.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,994 shares of the company’s stock worth $990,000 after buying an additional 3,339 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in shares of iShares Morningstar Small-Cap ETF by 4.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 5,450 shares of the company’s stock valued at $318,000 after buying an additional 210 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of iShares Morningstar Small-Cap ETF by 11.9% during the second quarter. Avantax Advisory Services Inc. now owns 59,119 shares of the company’s stock valued at $3,445,000 after buying an additional 6,303 shares in the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

iShares Morningstar Small-Cap ETF Trading Down 0.3%

NYSEARCA ISCB opened at $60.59 on Thursday. iShares Morningstar Small-Cap ETF has a 1 year low of $46.59 and a 1 year high of $64.66. The company has a market cap of $239.33 million, a PE ratio of 34.82 and a beta of 1.15. The stock’s 50-day moving average price is $59.23 and its two-hundred day moving average price is $56.74.

iShares Morningstar Small-Cap ETF Company Profile

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.