iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) Short Interest Down 42.0% in January

iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 43,282 shares, a decline of 42.0% from the January 15th total of 74,624 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,399,132 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 5,399,132 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA:IQLT traded up $0.30 during mid-day trading on Friday, reaching $48.73. 2,366,458 shares of the company’s stock were exchanged, compared to its average volume of 2,967,875. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $49.07. The business’s fifty day simple moving average is $46.65 and its two-hundred day simple moving average is $44.87. The firm has a market capitalization of $13.27 billion, a PE ratio of 18.86 and a beta of 0.89.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in IQLT. US Bancorp DE grew its position in iShares MSCI Intl Quality Factor ETF by 23.5% during the second quarter. US Bancorp DE now owns 13,349 shares of the company’s stock worth $577,000 after buying an additional 2,540 shares in the last quarter. Blair William & Co. IL raised its holdings in iShares MSCI Intl Quality Factor ETF by 3.7% in the 2nd quarter. Blair William & Co. IL now owns 10,596 shares of the company’s stock valued at $458,000 after acquiring an additional 378 shares in the last quarter. CWM LLC lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 26.7% during the 2nd quarter. CWM LLC now owns 1,643 shares of the company’s stock valued at $71,000 after acquiring an additional 346 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 18.2% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 13,239 shares of the company’s stock valued at $572,000 after acquiring an additional 2,040 shares during the period. Finally, Koshinski Asset Management Inc. acquired a new stake in shares of iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth $210,000.

About iShares MSCI Intl Quality Factor ETF

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.