iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Significant Growth in Short Interest

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 214,540 shares, a growth of 334.7% from the July 15th total of 49,357 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 134,460 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 4.0% during the fourth quarter. Arkadios Wealth Advisors now owns 3,573 shares of the company’s stock worth $268,000 after purchasing an additional 138 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in iShares U.S. Small Cap Equity Factor ETF by 1.7% during the 1st quarter. Citizens Financial Group Inc. RI now owns 10,359 shares of the company’s stock worth $782,000 after buying an additional 175 shares during the period. Independent Advisor Alliance lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 4.0% during the fourth quarter. Independent Advisor Alliance now owns 5,438 shares of the company’s stock worth $407,000 after acquiring an additional 210 shares in the last quarter. Ascent Wealth Partners LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.0% during the fourth quarter. Ascent Wealth Partners LLC now owns 10,871 shares of the company’s stock worth $814,000 after acquiring an additional 216 shares in the last quarter. Finally, Golden State Equity Partners grew its stake in iShares U.S. Small Cap Equity Factor ETF by 3.7% in the fourth quarter. Golden State Equity Partners now owns 6,590 shares of the company’s stock valued at $492,000 after acquiring an additional 236 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Price Performance

Shares of NYSEARCA SMLF traded up $0.29 during mid-day trading on Thursday, hitting $90.46. The company had a trading volume of 133,865 shares, compared to its average volume of 222,563. The business’s 50-day simple moving average is $87.30 and its 200-day simple moving average is $82.38. The firm has a market cap of $4.30 billion, a P/E ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $69.99 and a 12 month high of $90.58.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.