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

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 25,535 shares, a decline of 44.1% from the July 15th total of 45,705 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 28,025 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its holdings in shares of iShares International Small Cap Equity Factor ETF by 23.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 257,086 shares of the company’s stock valued at $10,744,000 after buying an additional 48,323 shares during the period. Stillwater Private Wealth LLC bought a new position in shares of iShares International Small Cap Equity Factor ETF during the 1st quarter valued at approximately $1,435,000. Bank of New York Mellon Corp boosted its position in shares of iShares International Small Cap Equity Factor ETF by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock worth $1,506,000 after purchasing an additional 774 shares during the period. Captrust Financial Advisors increased its stake in iShares International Small Cap Equity Factor ETF by 5.3% in the 4th quarter. Captrust Financial Advisors now owns 18,556 shares of the company’s stock worth $770,000 after buying an additional 934 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of iShares International Small Cap Equity Factor ETF by 24.8% during the fourth quarter. Arkadios Wealth Advisors now owns 14,406 shares of the company’s stock worth $598,000 after purchasing an additional 2,859 shares in the last quarter.

iShares International Small Cap Equity Factor ETF Stock Down 0.3%

Shares of NYSEARCA ISCF traded down $0.12 during midday trading on Monday, hitting $45.92. The stock had a trading volume of 19,267 shares, compared to its average volume of 54,923. The business’s 50 day moving average is $44.07 and its 200-day moving average is $44.05. iShares International Small Cap Equity Factor ETF has a 52 week low of $38.99 and a 52 week high of $46.17. The company has a market cap of $684.21 million, a P/E ratio of 13.31 and a beta of 0.81.

About iShares International Small Cap Equity Factor ETF

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.