iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Down 35.2% in September

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 70,400 shares, a drop of 35.2% from the August 31st total of 108,700 shares. Based on an average daily trading volume, of 157,300 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 157,300 shares, the short-interest ratio is currently 0.4 days.

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

SMLF opened at $75.03 on Friday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $75.86. The company’s 50 day simple moving average is $72.49 and its 200-day simple moving average is $67.22. The stock has a market capitalization of $2.44 billion, a P/E ratio of 17.17 and a beta of 1.10.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Several hedge funds have recently modified their holdings of SMLF. Wedmont Private Capital bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter valued at approximately $1,219,000. Flagship Private Wealth LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 16.1% during the first quarter. Flagship Private Wealth LLC now owns 15,555 shares of the company’s stock valued at $967,000 after purchasing an additional 2,161 shares during the last quarter. Capital Advisors Ltd. LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3.4% during the first quarter. Capital Advisors Ltd. LLC now owns 9,229 shares of the company’s stock valued at $574,000 after purchasing an additional 305 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 130.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 27,231 shares of the company’s stock valued at $1,693,000 after purchasing an additional 15,393 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 27.1% during the first quarter. Exchange Traded Concepts LLC now owns 177,718 shares of the company’s stock valued at $11,047,000 after purchasing an additional 37,899 shares during the last quarter.

About iShares U.S. Small Cap Equity Factor ETF

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).