iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Short Interest Down 40.2% in April

by · The Cerbat Gem

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF – Get Free Report) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 77,526 shares, a drop of 40.2% from the April 15th total of 129,614 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 41,627 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On iShares International Small Cap Equity Factor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rossby Financial LCC lifted its stake in iShares International Small Cap Equity Factor ETF by 60.7% in the 4th quarter. Rossby Financial LCC now owns 768 shares of the company’s stock valued at $32,000 after purchasing an additional 290 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in iShares International Small Cap Equity Factor ETF in the 4th quarter valued at approximately $143,000. Harbor Investment Advisory LLC bought a new position in iShares International Small Cap Equity Factor ETF in the 1st quarter valued at approximately $196,000. Beaumont Financial Advisors LLC bought a new position in iShares International Small Cap Equity Factor ETF in the 4th quarter valued at approximately $253,000. Finally, JPMorgan Chase & Co. lifted its stake in iShares International Small Cap Equity Factor ETF by 2,083.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock valued at $453,000 after purchasing an additional 10,521 shares during the last quarter.

iShares International Small Cap Equity Factor ETF Trading Up 0.5%

NYSEARCA:ISCF traded up $0.22 on Monday, hitting $44.58. The company had a trading volume of 67,513 shares, compared to its average volume of 60,074. The stock has a market capitalization of $637.49 million, a price-to-earnings ratio of 13.31 and a beta of 0.81. The firm has a 50 day moving average of $43.40 and a two-hundred day moving average of $42.79. iShares International Small Cap Equity Factor ETF has a 52 week low of $36.80 and a 52 week high of $45.86.

About iShares International Small Cap Equity Factor ETF

(Get Free Report)

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.

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