iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Sees Large Growth in Short Interest

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 12,076 shares, a growth of 62.1% from the February 12th total of 7,450 shares. Based on an average trading volume of 5,466 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 5,466 shares, the days-to-cover ratio is currently 2.2 days.

iShares Morningstar Small-Cap ETF Price Performance

ISCB traded down $0.11 during trading hours on Friday, hitting $64.69. 2,695 shares of the stock were exchanged, compared to its average volume of 6,279. The stock has a market cap of $249.06 million, a price-to-earnings ratio of 37.18 and a beta of 1.12. The stock has a 50-day simple moving average of $68.37 and a 200-day simple moving average of $65.55. iShares Morningstar Small-Cap ETF has a 12 month low of $46.59 and a 12 month high of $70.45.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Sfam LLC bought a new stake in shares of iShares Morningstar Small-Cap ETF during the 4th quarter valued at about $41,000. Comerica Bank lifted its holdings in iShares Morningstar Small-Cap ETF by 30.3% in the first quarter. Comerica Bank now owns 929 shares of the company’s stock worth $50,000 after acquiring an additional 216 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in iShares Morningstar Small-Cap ETF in the third quarter valued at approximately $70,000. Key Financial Inc grew its holdings in shares of iShares Morningstar Small-Cap ETF by 49.6% during the third quarter. Key Financial Inc now owns 1,155 shares of the company’s stock valued at $74,000 after purchasing an additional 383 shares during the last quarter. Finally, Assetmark Inc. bought a new position in shares of iShares Morningstar Small-Cap ETF during the third quarter valued at approximately $77,000. 0.01% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Small-Cap ETF Company Profile

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.