iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Short Interest Update

by · The Cerbat Gem

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Get Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 64,444 shares, a growth of 466.4% from the April 15th total of 11,377 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 127,384 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IMCG. Godfrey Financial Associates Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $29,000. Dagco Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $30,000. Windsor Advisory Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $31,000. Finally, Fifth Third Bancorp purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $37,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.7%

iShares Morningstar Mid-Cap Growth ETF stock traded up $0.64 during mid-day trading on Thursday, hitting $90.75. The company’s stock had a trading volume of 107,221 shares, compared to its average volume of 133,885. The firm has a market capitalization of $3.59 billion, a PE ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $75.43 and a 1 year high of $91.27. The stock’s fifty day moving average is $83.58 and its two-hundred day moving average is $82.39.

About iShares Morningstar Mid-Cap Growth ETF

(Get Free Report)

The iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Growth index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their growth characteristics. IMCG was launched on Jun 28, 2004 and is managed by BlackRock.

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