Short Interest in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Decreases By 47.1%

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 63,198 shares, a decrease of 47.1% from the January 15th total of 119,368 shares. Based on an average daily trading volume, of 488,490 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 488,490 shares, the short-interest ratio is presently 0.1 days.

iShares U.S. Small Cap Equity Factor ETF Stock Down 0.6%

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $79.27 on Thursday. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $53.39 and a 52-week high of $80.72. The company has a market capitalization of $3.35 billion, a P/E ratio of 17.17 and a beta of 1.10. The company has a 50 day moving average of $77.49 and a 200 day moving average of $74.66.

Hedge Funds Weigh In On iShares U.S. Small Cap Equity Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Avidian Wealth Enterprises LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 2.2% in the third quarter. Avidian Wealth Enterprises LLC now owns 6,583 shares of the company’s stock valued at $489,000 after buying an additional 140 shares in the last quarter. AdvisorNet Financial Inc boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 4.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 3,126 shares of the company’s stock worth $232,000 after acquiring an additional 144 shares in the last quarter. Dynamic Wealth Strategies LLC increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 0.9% in the 3rd quarter. Dynamic Wealth Strategies LLC now owns 20,583 shares of the company’s stock valued at $1,530,000 after acquiring an additional 181 shares during the last quarter. Empirical Asset Management LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.1% during the 2nd quarter. Empirical Asset Management LLC now owns 18,885 shares of the company’s stock worth $1,283,000 after acquiring an additional 198 shares in the last quarter. Finally, Independent Advisor Alliance lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 4.0% during the fourth quarter. Independent Advisor Alliance now owns 5,438 shares of the company’s stock worth $407,000 after purchasing an additional 210 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.