iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Sees Large Drop in Short Interest

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 35,263 shares, a drop of 43.6% from the September 30th total of 62,489 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,645 shares, the short-interest ratio is presently 5.3 days.

Institutional Trading of iShares MSCI USA Size Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers purchased a new position in iShares MSCI USA Size Factor ETF during the first quarter valued at $209,000. TD Waterhouse Canada Inc. increased its holdings in shares of iShares MSCI USA Size Factor ETF by 4.0% during the third quarter. TD Waterhouse Canada Inc. now owns 1,762 shares of the company’s stock valued at $308,000 after acquiring an additional 68 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of iShares MSCI USA Size Factor ETF by 101.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,441 shares of the company’s stock worth $708,000 after purchasing an additional 2,234 shares during the last quarter. Park Avenue Securities LLC bought a new position in iShares MSCI USA Size Factor ETF in the 3rd quarter worth about $866,000. Finally, G&S Capital LLC boosted its stake in iShares MSCI USA Size Factor ETF by 5.4% in the 2nd quarter. G&S Capital LLC now owns 6,917 shares of the company’s stock worth $1,233,000 after purchasing an additional 357 shares in the last quarter.

iShares MSCI USA Size Factor ETF Trading Down 1.2%

Shares of NYSEARCA:SIZE traded down $2.23 during trading on Friday, reaching $180.13. 1,901 shares of the company traded hands, compared to its average volume of 5,734. iShares MSCI USA Size Factor ETF has a 52-week low of $154.04 and a 52-week high of $187.16. The firm has a market capitalization of $432.31 million, a price-to-earnings ratio of 21.17 and a beta of 0.96. The business’s fifty day moving average is $179.19 and its 200-day moving average is $173.34.

iShares MSCI USA Size Factor ETF Company Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.