iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Growth in Short Interest

iShares International Equity Factor ETF (NYSEARCA:INTF) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 709,802 shares, a growth of 172.4% from the October 15th total of 260,586 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 324,236 shares, the days-to-cover ratio is presently 2.2 days.

iShares International Equity Factor ETF Trading Down 0.6%

Shares of INTF stock opened at $41.39 on Friday. The company has a market capitalization of $3.75 billion, a P/E ratio of 15.55 and a beta of 0.76. The business’s 50 day moving average is $41.74 and its two-hundred day moving average is $41.19. iShares International Equity Factor ETF has a 12-month low of $35.43 and a 12-month high of $43.49.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in INTF. RHS Financial LLC increased its stake in shares of iShares International Equity Factor ETF by 35.2% during the third quarter. RHS Financial LLC now owns 234,403 shares of the company’s stock worth $9,730,000 after purchasing an additional 61,025 shares in the last quarter. Thrive Wealth Management LLC lifted its stake in iShares International Equity Factor ETF by 48.8% in the 2nd quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock valued at $20,859,000 after buying an additional 167,102 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares International Equity Factor ETF by 23.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,061,578 shares of the company’s stock valued at $43,482,000 after buying an additional 199,765 shares in the last quarter. YHB Investment Advisors Inc. acquired a new stake in iShares International Equity Factor ETF in the 3rd quarter worth about $6,766,000. Finally, Conrad Siegel Investment Advisors Inc. increased its stake in iShares International Equity Factor ETF by 9.1% during the 3rd quarter. Conrad Siegel Investment Advisors Inc. now owns 393,824 shares of the company’s stock worth $16,348,000 after buying an additional 32,915 shares in the last quarter.

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.