iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sees Significant Growth in Short Interest

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 66,118 shares, an increase of 108.0% from the September 30th total of 31,795 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 128,997 shares, the short-interest ratio is presently 0.5 days.

iShares International Small Cap Equity Factor ETF Trading Down 1.3%

Shares of iShares International Small Cap Equity Factor ETF stock traded down $0.58 on Friday, reaching $43.72. 20,858 shares of the company were exchanged, compared to its average volume of 55,421. The firm has a market capitalization of $699.52 million, a price-to-earnings ratio of 13.31 and a beta of 0.81. iShares International Small Cap Equity Factor ETF has a fifty-two week low of $38.99 and a fifty-two week high of $46.44. The stock has a fifty day moving average price of $44.91 and a 200-day moving average price of $44.27.

Hedge Funds Weigh In On iShares International Small Cap Equity Factor ETF

A number of large investors have recently made changes to their positions in ISCF. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares International Small Cap Equity Factor ETF in the 3rd quarter worth approximately $93,000. Stillwater Private Wealth LLC purchased a new stake in shares of iShares International Small Cap Equity Factor ETF during the 1st quarter worth about $1,435,000. Bank of New York Mellon Corp raised its position in iShares International Small Cap Equity Factor ETF by 2.2% during the first quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock valued at $1,506,000 after acquiring an additional 774 shares in the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of iShares International Small Cap Equity Factor ETF during the 1st quarter worth $196,000. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares International Small Cap Equity Factor ETF by 23.1% in the first quarter. Janney Montgomery Scott LLC now owns 257,086 shares of the company’s stock worth $10,744,000 after purchasing an additional 48,323 shares in the last quarter.

iShares International Small Cap Equity Factor ETF Company Profile

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.