iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Stock Short Interest Rises 62.5%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 534,165 shares, a growth of 62.5% from the September 30th total of 328,646 shares. Based on an average daily volume of 496,038 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.6% of the company’s shares are sold short.

iShares Russell Mid-Cap Value ETF Stock Up 1.0%

Shares of NYSEARCA:IWS traded up $1.78 on Monday, hitting $171.85. The company had a trading volume of 210,745 shares, compared to its average volume of 482,179. The firm’s 50-day simple moving average is $166.69 and its two-hundred day simple moving average is $159.47. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.74 and a 1 year high of $173.52. The firm has a market capitalization of $15.11 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

Hedge Funds Weigh In On iShares Russell Mid-Cap Value ETF

Institutional investors have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $42,183,000. Associated Banc Corp bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $457,000. Integrity Alliance LLC. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $676,000. Tucker Asset Management LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 164.0% in the 3rd quarter. Tucker Asset Management LLC now owns 1,254 shares of the company’s stock valued at $202,000 after purchasing an additional 779 shares during the period. Finally, GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $329,000. 80.17% of the stock is owned by institutional investors.

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.