iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Short Interest Update

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,772,042 shares, an increase of 36.6% from the January 29th total of 2,028,632 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,987,845 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 1,987,845 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares Russell Mid-Cap ETF

A number of hedge funds have recently added to or reduced their stakes in the business. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $28,000. HHM Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at $29,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth $32,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $33,000. Finally, Traub Capital Management LLC bought a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock traded up $0.38 during trading on Wednesday, hitting $102.13. The company’s stock had a trading volume of 2,399,150 shares, compared to its average volume of 2,325,324. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53. The stock’s fifty day moving average is $100.36 and its 200 day moving average is $97.54. The stock has a market capitalization of $48.84 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

iShares Russell Mid-Cap ETF Company Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.