Short Interest in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Declines By 59.4%

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 69,009 shares, a decline of 59.4% from the November 30th total of 169,885 shares. Based on an average daily trading volume, of 183,563 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 183,563 shares, the short-interest ratio is currently 0.4 days.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.2%

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $76.40 on Friday. The stock’s fifty day simple moving average is $74.54 and its 200 day simple moving average is $72.25. The company has a market capitalization of $2.65 billion, a PE ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $53.39 and a 12 month high of $77.68.

Hedge Funds Weigh In On iShares U.S. Small Cap Equity Factor ETF

Several institutional investors have recently modified their holdings of the business. Creative Financial Designs Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at approximately $31,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth approximately $33,000. GPS Wealth Strategies Group LLC lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 1,120.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock valued at $48,000 after buying an additional 650 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 1,946.4% in the third quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock valued at $85,000 after buying an additional 1,090 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at approximately $96,000.

About iShares U.S. Small Cap Equity Factor ETF

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.