iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Growth in Short Interest
by Sarita Garza · The Markets DailyiShares International Equity Factor ETF (NYSEARCA:INTF – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 478,172 shares, an increase of 122.8% from the July 15th total of 214,648 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 192,565 shares, the short-interest ratio is currently 2.5 days.
Institutional Trading of iShares International Equity Factor ETF
Several institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new stake in shares of iShares International Equity Factor ETF in the second quarter valued at $28,000. Legacy Wealth Managment LLC ID increased its stake in iShares International Equity Factor ETF by 1,981.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock worth $31,000 after purchasing an additional 753 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of iShares International Equity Factor ETF during the first quarter worth about $32,000. Arax Advisory Partners acquired a new position in iShares International Equity Factor ETF during the 4th quarter worth $34,000. Finally, Private Trust Co. NA increased its stake in shares of iShares International Equity Factor ETF by 390.2% during the fourth quarter. Private Trust Co. NA now owns 1,608 shares of the company’s stock worth $61,000 after acquiring an additional 1,280 shares during the period.
iShares International Equity Factor ETF Trading Up 0.1%
NYSEARCA INTF traded up $0.03 during trading hours on Friday, reaching $43.29. The company had a trading volume of 171,071 shares, compared to its average volume of 268,757. The stock has a market capitalization of $3.74 billion, a P/E ratio of 14.00 and a beta of 0.74. The stock has a 50-day moving average of $41.52 and a 200 day moving average of $40.81. iShares International Equity Factor ETF has a 1-year low of $34.79 and a 1-year high of $43.41.
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.