iShares MSCI Global Quality Factor ETF (BATS:AQLT) Sees Large Drop in Short Interest

iShares MSCI Global Quality Factor ETF (BATS:AQLT) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 26,768 shares, a decline of 82.6% from the June 30th total of 153,657 shares. Based on an average daily volume of 59,390 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

iShares MSCI Global Quality Factor ETF Stock Down 0.1%

Shares of iShares MSCI Global Quality Factor ETF stock opened at $30.82 on Friday. The company has a market capitalization of $234.23 million and a price-to-earnings ratio of 24.97. iShares MSCI Global Quality Factor ETF has a 12-month low of $25.13 and a 12-month high of $32.24. The firm’s 50-day moving average price is $31.23 and its two-hundred day moving average price is $29.91.

Institutional Trading of iShares MSCI Global Quality Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in shares of iShares MSCI Global Quality Factor ETF during the 4th quarter worth approximately $206,000. HB Wealth Management LLC bought a new position in iShares MSCI Global Quality Factor ETF in the first quarter valued at approximately $267,000. Strategic Blueprint LLC acquired a new position in iShares MSCI Global Quality Factor ETF during the fourth quarter valued at approximately $327,000. Sunbelt Securities Inc. acquired a new position in iShares MSCI Global Quality Factor ETF during the third quarter valued at approximately $335,000. Finally, Ameliora Wealth Management Ltd. raised its position in iShares MSCI Global Quality Factor ETF by 71.7% during the fourth quarter. Ameliora Wealth Management Ltd. now owns 12,997 shares of the company’s stock valued at $366,000 after purchasing an additional 5,427 shares in the last quarter.

About iShares MSCI Global Quality Factor ETF

The iShares MSCI Global Quality Factor ETF (AQLT) is an exchange-traded fund that is based on the MSCI ACWI Quality index. The fund tracks an index of large- and mid-cap stocks from around the world selected for their high quality scores. The portfolio is market cap-weighted, with tilts based on the quality scores derived from fundamental factors. AQLT was launched on Dec 11, 2024 and is issued by BlackRock.