iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 214,540 shares, a growth of 334.7% from the July 15th total of 49,357 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 134,460 shares, the days-to-cover ratio is presently 1.6 days.

iShares U.S. Small Cap Equity Factor ETF Price Performance

Shares of SMLF traded up $0.36 during midday trading on Wednesday, hitting $90.13. The stock had a trading volume of 51,455 shares, compared to its average volume of 222,501. The stock’s 50 day moving average is $87.13 and its 200 day moving average is $82.23. The firm has a market cap of $4.28 billion, a PE ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $69.99 and a 1 year high of $90.50.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Several institutional investors have recently added to or reduced their stakes in SMLF. Pittenger & Anderson Inc. purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter valued at approximately $25,000. IFP Advisors Inc raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock worth $32,000 after buying an additional 362 shares during the period. Western Wealth Management LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter worth approximately $47,000. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 212.3% during the 1st quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock worth $66,000 after acquiring an additional 586 shares during the last quarter. Finally, Harbour Investments Inc. lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% during the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after acquiring an additional 707 shares during the last quarter.

About iShares U.S. Small Cap Equity Factor ETF

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.