Short Interest in iShares International Equity Factor ETF (NYSEARCA:INTF) Increases By 310.6%

iShares International Equity Factor ETF (NYSEARCA:INTF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 301,491 shares, a growth of 310.6% from the May 31st total of 73,429 shares. Based on an average daily volume of 233,714 shares, the short-interest ratio is currently 1.3 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of INTF. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares International Equity Factor ETF by 10.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 19,066,471 shares of the company’s stock worth $719,759,000 after acquiring an additional 1,823,907 shares during the period. Strategic Financial Services Inc. increased its holdings in iShares International Equity Factor ETF by 1.1% during the 4th quarter. Strategic Financial Services Inc. now owns 8,690,116 shares of the company’s stock worth $352,297,000 after purchasing an additional 91,662 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its holdings in iShares International Equity Factor ETF by 0.3% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,339,669 shares of the company’s stock worth $130,114,000 after purchasing an additional 8,796 shares in the last quarter. Invesco Ltd. increased its holdings in iShares International Equity Factor ETF by 25.4% during the 3rd quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock worth $113,476,000 after purchasing an additional 640,000 shares in the last quarter. Finally, Tolleson Wealth Management Inc. raised its stake in shares of iShares International Equity Factor ETF by 4.3% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,851,077 shares of the company’s stock valued at $97,592,000 after purchasing an additional 118,649 shares during the period.

iShares International Equity Factor ETF Stock Down 0.4%

Shares of INTF traded down $0.15 on Friday, hitting $40.63. The company’s stock had a trading volume of 204,669 shares, compared to its average volume of 280,344. The firm’s fifty day moving average price is $41.13 and its 200-day moving average price is $39.97. iShares International Equity Factor ETF has a fifty-two week low of $33.53 and a fifty-two week high of $41.97. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.