Short Interest in iShares Global Equity Factor ETF (NYSEARCA:GLOF) Decreases By 51.2%

iShares Global Equity Factor ETF (NYSEARCA:GLOF) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 8,371 shares, a decrease of 51.2% from the June 30th total of 17,159 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,070 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On iShares Global Equity Factor ETF

Institutional investors have recently made changes to their positions in the stock. Ignite Planners LLC boosted its position in shares of iShares Global Equity Factor ETF by 35.1% during the 4th quarter. Ignite Planners LLC now owns 82,038 shares of the company’s stock worth $4,452,000 after purchasing an additional 21,333 shares in the last quarter. Waverly Advisors LLC increased its position in iShares Global Equity Factor ETF by 12.1% in the 1st quarter. Waverly Advisors LLC now owns 257,783 shares of the company’s stock valued at $13,436,000 after buying an additional 27,743 shares in the last quarter. Hsbc Holdings PLC acquired a new position in iShares Global Equity Factor ETF during the 4th quarter worth approximately $1,372,000. Ashton Thomas Securities LLC acquired a new position in iShares Global Equity Factor ETF during the 1st quarter worth approximately $443,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares Global Equity Factor ETF by 55.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,340 shares of the company’s stock worth $124,000 after acquiring an additional 831 shares in the last quarter.

iShares Global Equity Factor ETF Price Performance

Shares of NYSEARCA:GLOF traded up $0.04 during mid-day trading on Tuesday, hitting $58.52. The company had a trading volume of 4,023 shares, compared to its average volume of 17,373. The firm has a fifty day moving average price of $58.81 and a 200 day moving average price of $56.13. The company has a market capitalization of $213.60 million, a PE ratio of 17.48 and a beta of 0.91. iShares Global Equity Factor ETF has a one year low of $48.08 and a one year high of $60.31.

About iShares Global Equity Factor ETF

The iShares Global Equity Factor ETF (GLOF) is an exchange-traded fund that is based on the STOXX Global Equity Factor index. The fund tracks an index of large- and mid-cap equities from around the world. Stocks are selected and weighted to optimize exposure to five factors: quality, value, momentum, smaller size and low volatility. GLOF was launched on Apr 28, 2015 and is managed by BlackRock.