Short Interest in iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) Expands By 107.7%

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMFGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 2,486 shares, a growth of 107.7% from the April 30th total of 1,197 shares. Based on an average daily trading volume, of 2,080 shares, the days-to-cover ratio is presently 1.2 days.

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF Price Performance

iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF stock opened at $116.14 on Monday. The stock has a fifty day simple moving average of $101.32 and a two-hundred day simple moving average of $98.28. iShares IV Public Limited Company – iShares Edge MSCI World Momentum Factor UCITS ETF has a 12 month low of $91.01 and a 12 month high of $117.00.

The iShares Edge MSCI World Momentum Factor UCITS ETF (OTCMKTS:IEMMF) is an Ireland-domiciled exchange-traded fund managed by BlackRock under its iShares brand. The fund seeks to track the performance of the MSCI World Momentum Index, which is designed to capture the performance of large- and mid-capitalization developed-market companies exhibiting relatively higher price momentum. By focusing on securities with strong recent price trends, the ETF offers investors targeted exposure to a factor-based equity strategy within the global equity universe.

Holdings are selected and weighted based on their momentum scores, with periodic rebalancing to ensure the portfolio remains aligned with the underlying index methodology.

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