iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Up 219.6% in August

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 176,146 shares, an increase of 219.6% from the July 30th total of 55,120 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 348,098 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC purchased a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth $25,000. International Assets Investment Management LLC acquired a new position in iShares Russell Top 200 Value ETF in the first quarter valued at about $55,000. Bessemer Group Inc. acquired a new position in iShares Russell Top 200 Value ETF in the first quarter valued at about $61,000. Tower Research Capital LLC TRC boosted its stake in iShares Russell Top 200 Value ETF by 42.1% during the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after buying an additional 231 shares during the period. Finally, Harbour Investments Inc. increased its position in shares of iShares Russell Top 200 Value ETF by 101.7% during the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock valued at $76,000 after acquiring an additional 418 shares during the last quarter.

iShares Russell Top 200 Value ETF Trading Down 0.2%

iShares Russell Top 200 Value ETF stock traded down $0.24 during mid-day trading on Thursday, hitting $112.74. The company’s stock had a trading volume of 37,265 shares, compared to its average volume of 309,676. The firm has a market capitalization of $4.07 billion, a PE ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 1 year low of $85.93 and a 1 year high of $113.73. The stock’s fifty day moving average is $109.17 and its two-hundred day moving average is $102.15.

About iShares Russell Top 200 Value ETF

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.