iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Sees Large Drop in Short Interest

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 57,033 shares, a decline of 38.8% from the May 14th total of 93,123 shares. Based on an average daily volume of 9,538 shares, the days-to-cover ratio is currently 6.0 days. Currently, 2.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SIZE. Lido Advisors LLC grew its holdings in shares of iShares MSCI USA Size Factor ETF by 641.8% during the third quarter. Lido Advisors LLC now owns 109,912 shares of the company’s stock worth $17,672,000 after purchasing an additional 95,096 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in iShares MSCI USA Size Factor ETF by 1,475.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 74,368 shares of the company’s stock worth $12,016,000 after buying an additional 69,647 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI USA Size Factor ETF by 4,044.3% in the second quarter. Ameriprise Financial Inc. now owns 58,311 shares of the company’s stock worth $9,011,000 after buying an additional 56,904 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI USA Size Factor ETF by 3,684.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,597 shares of the company’s stock worth $8,983,000 after buying an additional 54,128 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in iShares MSCI USA Size Factor ETF by 4.6% in the second quarter. Bank of America Corp DE now owns 496,477 shares of the company’s stock worth $76,726,000 after buying an additional 21,936 shares in the last quarter.

iShares MSCI USA Size Factor ETF Stock Performance

Shares of NYSEARCA SIZE opened at $176.78 on Monday. iShares MSCI USA Size Factor ETF has a 12 month low of $149.68 and a 12 month high of $177.11. The firm has a market capitalization of $424.27 million, a price-to-earnings ratio of 21.17 and a beta of 0.96. The business has a 50-day moving average of $170.56 and a 200-day moving average of $166.48.

iShares MSCI USA Size Factor ETF Company Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.