iShares MSCI USA Quality Factor ETF (BATS:QUAL – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 642,836 shares, an increase of 150.3% from the July 15th total of 256,776 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 1,011,053 shares, the short-interest ratio is presently 0.6 days.
iShares MSCI USA Quality Factor ETF Trading Down 0.6%
iShares MSCI USA Quality Factor ETF stock opened at $225.84 on Friday. The firm has a market cap of $65.48 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $227.32. The firm has a 50-day moving average of $218.64 and a 200-day moving average of $208.92.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Advocate Investing Services LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $30,000.
About iShares MSCI USA Quality Factor ETF
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.
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