Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Rises By 15.6%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 1,047,749 shares, a growth of 15.6% from the February 12th total of 906,547 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 1,766,148 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 1,766,148 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the company’s stock are short sold.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU opened at $39.23 on Thursday. iShares MSCI Intl Value Factor ETF has a one year low of $26.41 and a one year high of $43.06. The company has a market cap of $3.42 billion, a PE ratio of 10.99 and a beta of 0.71. The stock has a 50-day moving average of $40.80 and a 200-day moving average of $37.98.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Hedge funds have recently added to or reduced their stakes in the company. Wealthfront Advisers LLC increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 2.0% during the third quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after acquiring an additional 314 shares in the last quarter. VestGen Advisors LLC grew its position in iShares MSCI Intl Value Factor ETF by 1.8% in the 4th quarter. VestGen Advisors LLC now owns 21,105 shares of the company’s stock valued at $803,000 after purchasing an additional 363 shares during the period. AE Wealth Management LLC grew its position in iShares MSCI Intl Value Factor ETF by 21.4% in the 3rd quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock valued at $74,000 after purchasing an additional 370 shares during the period. Fiduciary Alliance LLC increased its stake in iShares MSCI Intl Value Factor ETF by 5.3% during the 4th quarter. Fiduciary Alliance LLC now owns 7,629 shares of the company’s stock valued at $290,000 after purchasing an additional 381 shares in the last quarter. Finally, Valued Wealth Advisors LLC increased its stake in iShares MSCI Intl Value Factor ETF by 0.6% during the 4th quarter. Valued Wealth Advisors LLC now owns 68,537 shares of the company’s stock valued at $2,608,000 after purchasing an additional 389 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.