iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Significant Increase in Short Interest

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 457,514 shares, an increase of 70.2% from the August 31st total of 268,827 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 227,239 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Trading of iShares International Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in iShares International Equity Factor ETF by 23.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,061,578 shares of the company’s stock valued at $43,482,000 after acquiring an additional 199,765 shares in the last quarter. Shah Wealth Advisors LLC acquired a new stake in shares of iShares International Equity Factor ETF during the second quarter worth approximately $26,804,000. XML Financial LLC acquired a new position in iShares International Equity Factor ETF in the 2nd quarter valued at approximately $283,000. Orgel Wealth Management LLC increased its stake in iShares International Equity Factor ETF by 7.8% in the 2nd quarter. Orgel Wealth Management LLC now owns 9,445 shares of the company’s stock valued at $387,000 after buying an additional 683 shares during the period. Finally, Thrive Wealth Management LLC lifted its position in iShares International Equity Factor ETF by 48.8% in the 2nd quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock worth $20,859,000 after buying an additional 167,102 shares in the last quarter.

iShares International Equity Factor ETF Stock Performance

INTF traded up $0.19 during trading on Wednesday, reaching $41.96. The company had a trading volume of 18,198 shares, compared to its average volume of 276,302. iShares International Equity Factor ETF has a 12-month low of $35.39 and a 12-month high of $43.49. The firm’s 50-day simple moving average is $42.53 and its 200 day simple moving average is $41.30. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 14.00 and a beta of 0.75.

iShares International Equity Factor ETF Company Profile

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.