iShares International Equity Factor ETF (NYSEARCA:INTF) Short Interest Down 46.2% in August

iShares International Equity Factor ETF (NYSEARCA:INTF) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 257,308 shares, a drop of 46.2% from the July 30th total of 478,172 shares. Based on an average daily volume of 183,395 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Institutional investors have recently added to or reduced their stakes in the company. Sovran Advisors LLC grew its stake in shares of iShares International Equity Factor ETF by 4.1% in the first quarter. Sovran Advisors LLC now owns 7,380 shares of the company’s stock worth $302,000 after acquiring an additional 291 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of iShares International Equity Factor ETF by 2.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 19,254 shares of the company’s stock valued at $727,000 after buying an additional 371 shares during the period. D.A. Davidson & CO. grew its position in shares of iShares International Equity Factor ETF by 8.7% during the first quarter. D.A. Davidson & CO. now owns 6,276 shares of the company’s stock worth $245,000 after buying an additional 500 shares in the last quarter. MML Investors Services LLC grew its position in shares of iShares International Equity Factor ETF by 4.7% during the fourth quarter. MML Investors Services LLC now owns 13,620 shares of the company’s stock worth $514,000 after buying an additional 608 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of iShares International Equity Factor ETF by 2.0% during the first quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock worth $942,000 after buying an additional 609 shares during the period.

iShares International Equity Factor ETF Price Performance

Shares of INTF stock traded down $0.10 on Friday, hitting $42.99. 199,551 shares of the stock traded hands, compared to its average volume of 268,504. iShares International Equity Factor ETF has a 52 week low of $34.79 and a 52 week high of $43.41. The firm has a 50 day simple moving average of $41.89 and a two-hundred day simple moving average of $41.03. The firm has a market cap of $3.71 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.