iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Update
by Teresa Graham · The Cerbat GemiShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT – Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 74,624 shares, a decrease of 72.5% from the December 31st total of 271,487 shares. Based on an average daily trading volume, of 1,276,362 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,276,362 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of iShares MSCI Intl Quality Factor ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Trust Co. of Toledo NA OH increased its stake in shares of iShares MSCI Intl Quality Factor ETF by 436.9% in the fourth quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock worth $25,000 after buying an additional 450 shares during the period. Guerra Advisors Inc purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 3rd quarter valued at $27,000. GAMMA Investing LLC grew its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% in the 2nd quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock worth $36,000 after acquiring an additional 588 shares during the last quarter. Independence Bank of Kentucky purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at about $41,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at about $42,000.
iShares MSCI Intl Quality Factor ETF Stock Down 0.8%
Shares of IQLT traded down $0.41 during trading hours on Wednesday, hitting $47.98. The company had a trading volume of 34,717,155 shares, compared to its average volume of 3,093,114. iShares MSCI Intl Quality Factor ETF has a 52-week low of $35.51 and a 52-week high of $48.49. The stock’s 50 day moving average price is $45.79 and its 200 day moving average price is $44.45. The firm has a market cap of $14.35 billion, a P/E ratio of 18.86 and a beta of 0.89.
About iShares MSCI Intl Quality Factor ETF
The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.