Short Interest in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Grows By 402.8%

iShares MSCI USA Quality Factor ETF (BATS:QUAL) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,798,075 shares, an increase of 402.8% from the May 14th total of 755,400 shares. Based on an average daily volume of 4,648,519 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.3% of the shares of the company are short sold.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of QUAL. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $25,000. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $25,000. Resources Management Corp CT ADV purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $27,000. Financial Life Planners purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $28,000. Finally, Ares Financial Consulting LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $214.12 on Wednesday. The company has a fifty day moving average price of $207.14 and a 200 day moving average price of $202.51. iShares MSCI USA Quality Factor ETF has a 12 month low of $175.20 and a 12 month high of $217.65. The company has a market cap of $62.08 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.