iShares MSCI USA Value Factor ETF (BATS:VLUE) Sees Large Growth in Short Interest

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 463,385 shares, an increase of 301.8% from the April 30th total of 115,335 shares. Based on an average daily volume of 1,261,251 shares, the short-interest ratio is presently 0.4 days. Approximately 0.8% of the company’s shares are sold short.

iShares MSCI USA Value Factor ETF Stock Up 0.2%

Shares of iShares MSCI USA Value Factor ETF stock opened at $195.95 on Friday. iShares MSCI USA Value Factor ETF has a 12 month low of $105.70 and a 12 month high of $197.35. The business has a fifty day simple moving average of $163.17 and a 200 day simple moving average of $149.24. The stock has a market cap of $11.55 billion, a PE ratio of 13.34 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors have recently made changes to their positions in VLUE. Russell Investments Group Ltd. grew its stake in shares of iShares MSCI USA Value Factor ETF by 18.8% during the second quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock worth $751,000 after purchasing an additional 1,049 shares during the period. NCM Capital Management LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 3.3% during the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock worth $1,489,000 after purchasing an additional 424 shares during the period. Jane Street Group LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the second quarter worth $568,000. Ameriprise Financial Inc. grew its stake in shares of iShares MSCI USA Value Factor ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock worth $14,092,000 after purchasing an additional 1,592 shares during the period. Finally, Orion Porfolio Solutions LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 1,194.2% during the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after purchasing an additional 179,630 shares during the period.

About iShares MSCI USA Value Factor ETF

The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.