iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Short Interest Up 71.2% in January

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 11,398 shares, an increase of 71.2% from the January 15th total of 6,659 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 63,250 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 63,250 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

iShares Morningstar Small-Cap Growth ETF Stock Performance

Shares of ISCG opened at $58.41 on Friday. iShares Morningstar Small-Cap Growth ETF has a fifty-two week low of $38.73 and a fifty-two week high of $60.19. The firm has a market cap of $890.75 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. The firm has a 50 day moving average price of $57.67 and a 200-day moving average price of $55.16.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 2nd quarter worth approximately $39,000. Assetmark Inc. lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 121.4% in the second quarter. Assetmark Inc. now owns 899 shares of the company’s stock worth $45,000 after buying an additional 493 shares in the last quarter. Mather Group LLC. purchased a new stake in iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at $46,000. Glassy Mountain Advisors Inc. bought a new stake in iShares Morningstar Small-Cap Growth ETF in the 3rd quarter worth about $68,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth approximately $78,000.

About iShares Morningstar Small-Cap Growth ETF

The iShares Morningstar Small-Cap Growth ETF (ISCG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap growth stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s growth style categorization. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.