Short Interest in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Rises By 76.5%

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 338,969 shares, an increase of 76.5% from the January 29th total of 192,009 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 297,111 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 297,111 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Trading of iShares U.S. Equity Factor ETF

A number of institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Equity Factor ETF during the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new stake in iShares U.S. Equity Factor ETF in the 4th quarter valued at $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares U.S. Equity Factor ETF in the 4th quarter worth $41,000. Mather Group LLC. acquired a new stake in iShares U.S. Equity Factor ETF in the 3rd quarter worth $53,000. Finally, Timmons Wealth Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth about $56,000.

iShares U.S. Equity Factor ETF Stock Down 0.7%

LRGF stock opened at $69.10 on Monday. The company has a 50 day moving average of $69.63 and a two-hundred day moving average of $68.95. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 12-month low of $49.97 and a 12-month high of $71.07.

About iShares U.S. Equity Factor ETF

The iShares U.S. Equity Factor ETF (LRGF) is an exchange-traded fund that is based on the STOXX U.S. Equity Factor index. The fund tracks an index of US large- and mid-cap equities. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.