iShares Core S&P U.S. Value ETF Sees Notable Jump in Short Interest

The iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) experienced a significant increase in short interest during the month of November. By the end of the month, the exchange-traded fund saw short positions soar to 200,100 shares, marking a dramatic rise by 162.9% from the 76,100 shares recorded on November 15th. Considering the average daily volume of 705,300 shares for the fund, the current days-to-cover ratio is calculated to be 0.3 days.

Institutional Investment Activity in IUSV

Recent months have witnessed several institutional investors and hedge funds engaging with IUSV. For instance, Stonebridge Capital Advisors LLC initiated a new investment in the ETF during the first quarter, valued at approximately $25,000. Similarly, Raleigh Capital Management Inc. and MUFG Americas Holdings Corp opened new positions in the 1st and 3rd quarters respectively, each also close to the $25,000 mark. Furthermore, Nvwm LLC and Patriot Investment Management Group Inc. added new stakes in the 2nd and 4th quarters, with investments approximating $27,000.

Price Performance of IUSV

Opening at $83.97 on the recently reported Friday, the ETF has had a somewhat steady market presence. With a fifty-day moving average of $77.03 and a two-hundred-day moving average of $77.45, the fund maintains a substantial market capitalization of $15.15 billion. It also possesses a favorable price-to-earnings ratio of 15.57 and a beta of 0.95, demonstrating a moderate level of market volatility. Over the past year, IUSV's price per share has fluctuated between a low of $68.82 and a high of $84.28.

IUSV's Latest Dividend Announcement

Recently, the ETF announced a dividend payout which was disbursed to investors on October 2nd. The shareholders on record as of September 27th received $0.4426 per share, with the ex-dividend date falling on September 26th.

About iShares Core S&P U.S. Value ETF

The iShares Core S&P U.S. Value ETF is an investment fund that bases its portfolio on the S&P 900 Value index, comprising a selection of large- and mid-cap U.S. value stocks. These stocks are chosen based on market capitalization and three fundamental value factors. The ETF was launched on July 24, 2000, and it is professionally managed by BlackRock, one of the largest asset management firms worldwide.

iShares, ETF, ShortInterest