Short Interest in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Grows By 342.2%
by Jessica Moore · The Cerbat GemiShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 43,768 shares, an increase of 342.2% from the November 30th total of 9,898 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 457,680 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 457,680 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
iShares Russell Top 200 Value ETF Price Performance
Shares of NYSEARCA IWX traded down $0.04 during mid-day trading on Friday, reaching $92.56. The company’s stock had a trading volume of 71,686 shares, compared to its average volume of 235,728. iShares Russell Top 200 Value ETF has a 52 week low of $71.48 and a 52 week high of $92.70. The stock has a fifty day moving average of $90.14 and a two-hundred day moving average of $87.20. The firm has a market capitalization of $3.03 billion, a PE ratio of 19.39 and a beta of 0.82.
Institutional Investors Weigh In On iShares Russell Top 200 Value ETF
A number of institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in shares of iShares Russell Top 200 Value ETF during the third quarter worth $38,000. CoreCap Advisors LLC lifted its stake in iShares Russell Top 200 Value ETF by 195.6% in the 3rd quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $47,000 after purchasing an additional 356 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 42.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after purchasing an additional 231 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the 3rd quarter valued at about $76,000. Finally, Qube Research & Technologies Ltd grew its position in shares of iShares Russell Top 200 Value ETF by 157.5% during the second quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock valued at $86,000 after purchasing an additional 627 shares in the last quarter.
About iShares Russell Top 200 Value ETF
iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.