Short Interest in iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Rises By 40.6%

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,627 shares, an increase of 40.6% from the December 15th total of 5,426 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 4,599 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 4,599 shares, the short-interest ratio is currently 1.7 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Morningstar Small-Cap ETF

Several large investors have recently bought and sold shares of ISCB. Comerica Bank raised its position in shares of iShares Morningstar Small-Cap ETF by 30.3% during the 1st quarter. Comerica Bank now owns 929 shares of the company’s stock worth $50,000 after buying an additional 216 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of iShares Morningstar Small-Cap ETF during the third quarter valued at approximately $70,000. Key Financial Inc increased its stake in shares of iShares Morningstar Small-Cap ETF by 49.6% during the third quarter. Key Financial Inc now owns 1,155 shares of the company’s stock valued at $74,000 after acquiring an additional 383 shares during the period. Assetmark Inc. bought a new stake in iShares Morningstar Small-Cap ETF during the third quarter worth approximately $77,000. Finally, CWM LLC raised its holdings in iShares Morningstar Small-Cap ETF by 280.3% during the second quarter. CWM LLC now owns 1,677 shares of the company’s stock worth $98,000 after purchasing an additional 1,236 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

iShares Morningstar Small-Cap ETF Stock Performance

NYSEARCA:ISCB opened at $69.06 on Monday. The stock has a market cap of $265.88 million, a price-to-earnings ratio of 39.69 and a beta of 1.12. iShares Morningstar Small-Cap ETF has a 1 year low of $46.59 and a 1 year high of $69.42. The business has a fifty day moving average of $65.42 and a 200-day moving average of $63.31.

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.