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

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the recipient of a significant 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 days-to-cover ratio is presently 1.9 days.

iShares International Small Cap Equity Factor ETF Trading Up 0.5%

Shares of ISCF stock traded up $0.22 during trading hours on Monday, hitting $44.58. 67,513 shares of the company’s stock were exchanged, compared to its average volume of 60,074. The company has a market capitalization of $637.49 million, a PE ratio of 13.31 and a beta of 0.81. iShares International Small Cap Equity Factor ETF has a 12-month low of $36.80 and a 12-month high of $45.86. The business’s 50 day simple moving average is $43.40 and its 200-day simple moving average is $42.79.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Rossby Financial LCC grew its holdings in shares of iShares International Small Cap Equity Factor ETF by 60.7% in the fourth quarter. Rossby Financial LCC now owns 768 shares of the company’s stock worth $32,000 after purchasing an additional 290 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of iShares International Small Cap Equity Factor ETF in the fourth quarter worth approximately $143,000. Harbor Investment Advisory LLC bought a new position in shares of iShares International Small Cap Equity Factor ETF in the first quarter worth approximately $196,000. Beaumont Financial Advisors LLC bought a new position in iShares International Small Cap Equity Factor ETF in the 4th quarter worth $253,000. Finally, JPMorgan Chase & Co. raised its holdings 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 worth $453,000 after purchasing an additional 10,521 shares in the last quarter.

About iShares International Small Cap Equity Factor ETF

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.