iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sees Large Increase in Short Interest

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 198,704 shares, an increase of 202.9% from the May 31st total of 65,607 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average daily volume of 54,855 shares, the days-to-cover ratio is currently 3.6 days.

iShares International Small Cap Equity Factor ETF Stock Performance

Shares of ISCF stock traded up $0.16 during trading hours on Monday, hitting $43.19. 72,212 shares of the company were exchanged, compared to its average volume of 59,960. The stock has a market capitalization of $617.62 million, a price-to-earnings ratio of 13.31 and a beta of 0.81. iShares International Small Cap Equity Factor ETF has a one year low of $38.42 and a one year high of $45.86. The business’s 50-day simple moving average is $44.38 and its two-hundred day simple moving average is $43.56.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Rossby Financial LCC increased its holdings in shares of iShares International Small Cap Equity Factor ETF by 60.7% in the 4th quarter. Rossby Financial LCC now owns 768 shares of the company’s stock valued at $32,000 after acquiring an additional 290 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in iShares International Small Cap Equity Factor ETF during the fourth quarter worth $143,000. Harbor Investment Advisory LLC bought a new position in iShares International Small Cap Equity Factor ETF during the first quarter worth $196,000. Beaumont Financial Advisors LLC acquired a new position in iShares International Small Cap Equity Factor ETF in the fourth quarter worth $253,000. Finally, JPMorgan Chase & Co. increased its stake in iShares International Small Cap Equity Factor ETF by 2,083.4% during the third quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock valued at $453,000 after purchasing an additional 10,521 shares during the last quarter.

iShares International Small Cap Equity Factor ETF Company Profile

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.