Short Interest in iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) Rises By 4,745.1%

iShares MSCI Global Min Vol Factor ETF (BATS:ACWV) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 102,087 shares, a growth of 4,745.1% from the June 30th total of 2,107 shares. Based on an average trading volume of 78,175 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company’s stock are sold short.

iShares MSCI Global Min Vol Factor ETF Price Performance

Shares of ACWV stock opened at $122.19 on Friday. The firm has a fifty day moving average of $121.33 and a two-hundred day moving average of $121.12. The firm has a market cap of $3.45 billion, a P/E ratio of 18.66 and a beta of 0.57. iShares MSCI Global Min Vol Factor ETF has a 1-year low of $116.13 and a 1-year high of $125.28.

Hedge Funds Weigh In On iShares MSCI Global Min Vol Factor ETF

Hedge funds have recently bought and sold shares of the company. VSM Wealth Advisory LLC bought a new stake in iShares MSCI Global Min Vol Factor ETF in the fourth quarter valued at about $46,000. Modus Advisors LLC bought a new position in iShares MSCI Global Min Vol Factor ETF during the 4th quarter worth approximately $57,000. Triumph Capital Management acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 3rd quarter worth approximately $122,000. Koenig Investment Advisory LLC acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth approximately $223,000. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of iShares MSCI Global Min Vol Factor ETF in the 4th quarter worth approximately $328,000.

iShares MSCI Global Min Vol Factor ETF Company Profile

The iShares MSCI Global Min Vol Factor ETF (ACWV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks selected and weighted to create a low volatility portfolio. ACWV was launched on Oct 18, 2011 and is managed by BlackRock.