iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Up 2,111.4% in April

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 2,596,076 shares, an increase of 2,111.4% from the March 31st total of 117,395 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 2,221,538 shares, the days-to-cover ratio is currently 1.2 days.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of IQLT stock opened at $48.99 on Friday. The stock has a market capitalization of $12.86 billion, a PE ratio of 18.86 and a beta of 0.86. The stock’s fifty day moving average is $47.62 and its 200-day moving average is $46.37. iShares MSCI Intl Quality Factor ETF has a 52 week low of $40.67 and a 52 week high of $50.00.

Institutional Investors Weigh In On iShares MSCI Intl Quality Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Trust Co. of Toledo NA OH grew its holdings in iShares MSCI Intl Quality Factor ETF by 436.9% during the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the period. Guerra Advisors Inc bought a new stake in iShares MSCI Intl Quality Factor ETF in the third quarter valued at approximately $27,000. Arax Advisory Partners acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $42,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $44,000.

iShares MSCI Intl Quality Factor ETF Company Profile

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.