Short Interest in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Decreases By 35.5%

iShares MSCI USA Quality Factor ETF (BATS:QUAL) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 382,209 shares, a decrease of 35.5% from the August 15th total of 592,882 shares. Based on an average daily volume of 807,856 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares MSCI USA Quality Factor ETF

Several large investors have recently bought and sold shares of the stock. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $28,000. Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Godsey & Gibb Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 69.8% during the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after purchasing an additional 67 shares in the last quarter. Hurley Capital LLC bought a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $35,000. Finally, Indiana Trust & Investment Management Co boosted its stake in iShares MSCI USA Quality Factor ETF by 1,500.0% during the 1st quarter. Indiana Trust & Investment Management Co now owns 176 shares of the company’s stock valued at $34,000 after purchasing an additional 165 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $218.95 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $185.88 and a one year high of $227.32. The stock’s fifty day moving average is $221.37 and its 200-day moving average is $212.13. The firm has a market capitalization of $63.48 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.