iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sees Large Growth in Short Interest

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 405,944 shares, a growth of 132.7% from the February 26th total of 174,446 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 700,452 shares, the days-to-cover ratio is currently 0.6 days.

iShares Russell Mid-Cap Value ETF Trading Down 1.1%

NYSEARCA IWS traded down $1.58 during trading hours on Friday, reaching $143.19. The company had a trading volume of 1,987,359 shares, compared to its average volume of 567,496. The stock has a market capitalization of $14.24 billion, a P/E ratio of 19.11 and a beta of 1.02. The stock has a 50-day moving average of $149.15 and a 200 day moving average of $143.48. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $154.79.

Hedge Funds Weigh In On iShares Russell Mid-Cap Value ETF

Several large investors have recently made changes to their positions in IWS. Clean Yield Group acquired a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth $28,000. Financial Consulate Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $29,000. Rossmore Private Capital acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $29,000. Finally, Triumph Capital Management acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $29,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.