iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Significant Decrease in Short Interest

iShares International Equity Factor ETF (NYSEARCA:INTF) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 214,648 shares, a decrease of 57.6% from the June 30th total of 506,230 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 318,869 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in INTF. Russell Investments Group Ltd. acquired a new position in shares of iShares International Equity Factor ETF during the second quarter worth $28,000. Legacy Wealth Managment LLC ID boosted its holdings in shares of iShares International Equity Factor ETF by 1,981.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock valued at $31,000 after acquiring an additional 753 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of iShares International Equity Factor ETF during the 1st quarter valued at $32,000. Arax Advisory Partners acquired a new stake in shares of iShares International Equity Factor ETF during the 4th quarter valued at $34,000. Finally, Maseco LLP bought a new stake in iShares International Equity Factor ETF during the 4th quarter worth $53,000.

iShares International Equity Factor ETF Stock Performance

INTF opened at $41.22 on Monday. The company’s 50 day moving average is $41.19 and its 200-day moving average is $40.45. iShares International Equity Factor ETF has a 1-year low of $33.53 and a 1-year high of $41.97. The company has a market cap of $3.56 billion, a P/E ratio of 14.00 and a beta of 0.74.

iShares International Equity Factor ETF Company Profile

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.