iShares MSCI Global Quality Factor ETF (BATS:AQLT) Sees Large Drop in Short Interest

iShares MSCI Global Quality Factor ETF (BATS:AQLT) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 26,768 shares, a decrease of 82.6% from the June 30th total of 153,657 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 59,390 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares MSCI Global Quality Factor ETF

Several hedge funds have recently bought and sold shares of AQLT. Empire Life Investments Inc. bought a new stake in shares of iShares MSCI Global Quality Factor ETF during the fourth quarter worth approximately $651,000. Balentine LLC increased its stake in shares of iShares MSCI Global Quality Factor ETF by 1.1% during the first quarter. Balentine LLC now owns 6,657,001 shares of the company’s stock worth $183,996,000 after purchasing an additional 69,524 shares during the period. Strategic Blueprint LLC bought a new position in shares of iShares MSCI Global Quality Factor ETF during the fourth quarter worth approximately $327,000. Ameliora Wealth Management Ltd. lifted its holdings in iShares MSCI Global Quality Factor ETF by 71.7% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 12,997 shares of the company’s stock worth $366,000 after purchasing an additional 5,427 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in iShares MSCI Global Quality Factor ETF during the 3rd quarter worth approximately $335,000.

iShares MSCI Global Quality Factor ETF Stock Performance

BATS AQLT opened at $30.82 on Friday. The stock has a market cap of $234.23 million and a PE ratio of 24.97. The firm has a 50-day moving average of $31.23 and a 200-day moving average of $29.91. iShares MSCI Global Quality Factor ETF has a 52-week low of $25.13 and a 52-week high of $32.24.

About iShares MSCI Global Quality Factor ETF

The iShares MSCI Global Quality Factor ETF (AQLT) is an exchange-traded fund that is based on the MSCI ACWI Quality index. The fund tracks an index of large- and mid-cap stocks from around the world selected for their high quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. AQLT was launched on Dec 11, 2024 and is issued by BlackRock.