iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 63,198 shares, a drop of 47.1% from the January 15th total of 119,368 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 488,490 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 488,490 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Acropolis Investment Management LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 5.1% in the third quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock valued at $62,191,000 after acquiring an additional 44,367 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at approximately $216,000. Redhawk Wealth Advisors Inc. purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at approximately $4,649,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 432.1% in the third quarter. Farther Finance Advisors LLC now owns 52,238 shares of the company’s stock valued at $3,884,000 after acquiring an additional 42,421 shares during the period. Finally, Anfield Capital Management LLC grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 0.8% during the second quarter. Anfield Capital Management LLC now owns 97,280 shares of the company’s stock worth $6,610,000 after acquiring an additional 807 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Performance

Shares of iShares U.S. Small Cap Equity Factor ETF stock traded up $1.10 during trading hours on Friday, hitting $78.86. The company’s stock had a trading volume of 184,465 shares, compared to its average volume of 355,026. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a twelve month low of $53.39 and a twelve month high of $80.72. The firm has a fifty day moving average of $77.60 and a 200-day moving average of $74.77.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.