iShares MSCI USA Quality Factor ETF (BATS:QUAL) Sees Large Increase in Short Interest

iShares MSCI USA Quality Factor ETF (BATS:QUALGet Free Report) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 3,798,075 shares, an increase of 402.8% from the May 14th total of 755,400 shares. Based on an average trading volume of 4,648,519 shares, the short-interest ratio is presently 0.8 days. Currently, 1.3% of the company’s stock are short sold.

iShares MSCI USA Quality Factor ETF Trading Down 0.8%

Shares of BATS:QUAL opened at $212.33 on Thursday. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $217.65. The business has a fifty day simple moving average of $207.65 and a 200 day simple moving average of $202.67. The firm has a market cap of $61.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Hedge funds have recently bought and sold shares of the business. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $25,000. Advocate Investing Services LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $25,000. Resources Management Corp CT ADV acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $27,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $28,000. Finally, Ares Financial Consulting LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Company Profile

(Get Free Report)

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.

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