iShares Global Equity Factor ETF (NYSEARCA:GLOF) Short Interest Down 37.8% in July

iShares Global Equity Factor ETF (NYSEARCA:GLOF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,206 shares, a drop of 37.8% from the July 15th total of 8,371 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 25,412 shares, the short-interest ratio is presently 0.2 days.

iShares Global Equity Factor ETF Price Performance

Shares of NYSEARCA GLOF traded down $0.74 during midday trading on Tuesday, reaching $60.66. 243,357 shares of the stock were exchanged, compared to its average volume of 19,207. iShares Global Equity Factor ETF has a 12 month low of $49.33 and a 12 month high of $61.78. The company has a market capitalization of $221.41 million, a price-to-earnings ratio of 17.48 and a beta of 0.91. The business has a 50-day simple moving average of $59.20 and a two-hundred day simple moving average of $56.81.

Institutional Investors Weigh In On iShares Global Equity Factor ETF

Large investors have recently modified their holdings of the business. Elevated Capital Advisors LLC acquired a new stake in shares of iShares Global Equity Factor ETF during the fourth quarter worth about $60,000. Sankala Group LLC acquired a new position in shares of iShares Global Equity Factor ETF in the 4th quarter valued at approximately $64,000. Advisory Services Network LLC acquired a new position in shares of iShares Global Equity Factor ETF in the 3rd quarter valued at approximately $71,000. Compass Financial Management LLC bought a new stake in iShares Global Equity Factor ETF during the 2nd quarter worth approximately $131,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in iShares Global Equity Factor ETF by 55.1% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,340 shares of the company’s stock worth $124,000 after purchasing an additional 831 shares in the last quarter.

iShares Global Equity Factor ETF Company Profile

The iShares Global Equity Factor ETF (GLOF) is an exchange-traded fund that is based on the STOXX Global Equity Factor index. The fund tracks an index of large- and mid-cap equities from around the world. Stocks are selected and weighted to optimize exposure to five factors: quality, value, momentum, smaller size and low volatility. GLOF was launched on Apr 28, 2015 and is managed by BlackRock.