iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Shares Shorted: Short Interest Down 79.2% in October

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 13,756 shares, a decline of 79.2% from the October 15th total of 66,118 shares. Based on an average trading volume of 50,405 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

iShares International Small Cap Equity Factor ETF Price Performance

ISCF stock traded down $0.09 during midday trading on Friday, reaching $43.64. 16,092 shares of the company were exchanged, compared to its average volume of 54,456. iShares International Small Cap Equity Factor ETF has a one year low of $38.99 and a one year high of $46.44. The firm has a market capitalization of $711.33 million, a price-to-earnings ratio of 14.05 and a beta of 0.83. The business has a 50-day moving average price of $44.49 and a two-hundred day moving average price of $44.29.

Institutional Trading of iShares International Small Cap Equity Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares International Small Cap Equity Factor ETF during the third quarter worth approximately $93,000. Stillwater Private Wealth LLC bought a new stake in shares of iShares International Small Cap Equity Factor ETF during the first quarter worth approximately $1,435,000. Finally, Bank of New York Mellon Corp grew its position in shares of iShares International Small Cap Equity Factor ETF by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock valued at $1,506,000 after purchasing an additional 774 shares during the last quarter.

About iShares International Small Cap Equity Factor ETF

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.