Short Interest in iShares US Small Cap Value Factor ETF (BATS:SVAL) Expands By 99.0%

iShares US Small Cap Value Factor ETF (BATS:SVALGet Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 29,563 shares, an increase of 99.0% from the May 14th total of 14,855 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 10,692 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Investors Weigh In On iShares US Small Cap Value Factor ETF

Large investors have recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF during the 4th quarter worth $59,000. Insigneo Advisory Services LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF during the 3rd quarter worth $266,000. Orion Porfolio Solutions LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF during the 3rd quarter worth $286,000. Goldman Sachs Group Inc. bought a new stake in shares of iShares US Small Cap Value Factor ETF during the 4th quarter worth $307,000. Finally, Royal Bank of Canada boosted its stake in shares of iShares US Small Cap Value Factor ETF by 19.4% during the 1st quarter. Royal Bank of Canada now owns 13,819 shares of the company’s stock worth $415,000 after acquiring an additional 2,248 shares in the last quarter.

iShares US Small Cap Value Factor ETF Stock Up 1.0%

SVAL opened at $41.50 on Friday. The firm has a market cap of $176.38 million, a PE ratio of 12.43 and a beta of 1.05. The business has a fifty day simple moving average of $39.08 and a 200-day simple moving average of $37.13. iShares US Small Cap Value Factor ETF has a fifty-two week low of $29.82 and a fifty-two week high of $41.68.

iShares US Small Cap Value Factor ETF Company Profile

(Get Free Report)

The iShares US Small Cap Value Factor ETF (SVAL) is an exchange-traded fund that is based on the Russell 2000 Focused Value Select index. The fund tracks an equally-weighted index of small-cap value companies selected by multiple factors. SVAL was launched on Oct 27, 2020 and is managed by BlackRock.

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