iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) Stock Short Interest Climbs 75.5%

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,252 shares, a growth of 75.5% from the September 30th total of 1,283 shares. Based on an average trading volume of 26 shares, the days-to-cover ratio is currently 86.6 days.

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF Price Performance

Shares of IEMMF remained flat at $112.13 during mid-day trading on Monday. The stock’s 50-day simple moving average is $116.94 and its 200 day simple moving average is $108.81. iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF has a 12 month low of $92.00 and a 12 month high of $124.15.

iShares Edge MSCI World Momentum Factor UCITS ETF is an exchange-traded fund managed by BlackRock’s iShares platform. The fund seeks to provide investors with exposure to companies in developed markets that exhibit relatively strong price-momentum characteristics.

The ETF is designed to track the MSCI World Momentum Index, which applies a rules-based methodology to select and weight stocks from the broader MSCI World universe. Its holdings may span sectors and industries across major developed-market economies, including the United States, Japan, the United Kingdom and other European and Pacific markets.

As a UCITS fund domiciled in Ireland, it is structured for distribution to eligible investors under European regulatory standards.