Short Interest in iShares MSCI Global Quality Factor ETF (BATS:AQLT) Drops By 47.6%

iShares MSCI Global Quality Factor ETF (BATS:AQLTGet Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 14,190 shares, a drop of 47.6% from the May 31st total of 27,064 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 16,405 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On iShares MSCI Global Quality Factor ETF

Hedge funds have recently added to or reduced their stakes in the company. HB Wealth Management LLC acquired a new position in shares of iShares MSCI Global Quality Factor ETF during the first quarter worth approximately $267,000. Balentine LLC grew its position in iShares MSCI Global Quality Factor ETF by 1.1% in the 1st quarter. Balentine LLC now owns 6,657,001 shares of the company’s stock valued at $183,996,000 after purchasing an additional 69,524 shares during the period. Virtu Financial LLC acquired a new stake in iShares MSCI Global Quality Factor ETF in the 4th quarter valued at $206,000. OLD Mission Capital LLC bought a new stake in iShares MSCI Global Quality Factor ETF during the 4th quarter valued at $1,408,000. Finally, Royal Bank of Canada increased its stake in iShares MSCI Global Quality Factor ETF by 11.0% during the 4th quarter. Royal Bank of Canada now owns 17,235 shares of the company’s stock valued at $484,000 after purchasing an additional 1,701 shares in the last quarter.

iShares MSCI Global Quality Factor ETF Price Performance

Shares of iShares MSCI Global Quality Factor ETF stock opened at $31.53 on Wednesday. iShares MSCI Global Quality Factor ETF has a one year low of $25.13 and a one year high of $32.24. The firm has a market capitalization of $239.63 million and a price-to-earnings ratio of 24.97. The business has a 50-day simple moving average of $30.98 and a 200 day simple moving average of $29.54.

About iShares MSCI Global Quality Factor ETF

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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.

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