iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sees Large Growth in Short Interest

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Rating) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 569,700 shares, an increase of 238.1% from the June 30th total of 168,500 shares. Based on an average daily trading volume, of 781,700 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares Core S&P U.S. Value ETF

Institutional investors have recently added to or reduced their stakes in the company. CIBC Asset Management Inc lifted its position in iShares Core S&P U.S. Value ETF by 13.9% in the fourth quarter. CIBC Asset Management Inc now owns 7,005 shares of the company’s stock worth $535,000 after purchasing an additional 855 shares during the period. Mission Wealth Management LP lifted its position in iShares Core S&P U.S. Value ETF by 39.9% in the first quarter. Mission Wealth Management LP now owns 4,040 shares of the company’s stock worth $307,000 after purchasing an additional 1,152 shares during the period. Mitchell Capital Management Co. lifted its position in iShares Core S&P U.S. Value ETF by 2.1% in the fourth quarter. Mitchell Capital Management Co. now owns 77,809 shares of the company’s stock worth $5,940,000 after purchasing an additional 1,618 shares during the period. Krilogy Financial LLC lifted its position in iShares Core S&P U.S. Value ETF by 13.1% in the first quarter. Krilogy Financial LLC now owns 3,317 shares of the company’s stock worth $252,000 after purchasing an additional 385 shares during the period. Finally, Magnolia Wealth Management LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the first quarter worth approximately $400,000.

iShares Core S&P U.S. Value ETF Stock Performance

Shares of NASDAQ IUSV traded up $0.58 during midday trading on Thursday, hitting $70.20. 5,899 shares of the company’s stock were exchanged, compared to its average volume of 723,276. The stock’s 50 day moving average price is $68.90 and its 200-day moving average price is $72.53. iShares Core S&P U.S. Value ETF has a twelve month low of $64.35 and a twelve month high of $78.18.

iShares Core S&P U.S. Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Friday, June 10th were given a dividend of $0.305 per share. The ex-dividend date was Thursday, June 9th. This represents a $1.22 annualized dividend and a dividend yield of 1.74%.