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

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 259,674 shares, an increase of 81.5% from the June 30th total of 143,064 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 479,125 shares, the short-interest ratio is currently 0.5 days.

iShares Russell Mid-Cap Value ETF Trading Down 0.3%

Shares of IWS traded down $0.52 on Friday, reaching $167.08. 473,945 shares of the company’s stock traded hands, compared to its average volume of 492,525. The stock has a market cap of $15.57 billion, a PE ratio of 19.11 and a beta of 0.95. The stock’s 50 day simple moving average is $163.71 and its two-hundred day simple moving average is $155.47. iShares Russell Mid-Cap Value ETF has a 52-week low of $131.46 and a 52-week high of $169.71.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Conning Inc. grew its position in shares of iShares Russell Mid-Cap Value ETF by 24.3% during the 1st quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after acquiring an additional 11,676 shares during the period. AE Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 2.9% during the 4th quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock worth $53,244,000 after purchasing an additional 10,529 shares during the last quarter. Kelsey Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $5,443,000. Secure Asset Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $1,817,000. Finally, Key Capital Management INC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $2,321,000. Institutional investors own 80.17% of the company’s stock.

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.