iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Short Interest Up 222.2% in January

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 81,200 shares, a growth of 222.2% from the December 31st total of 25,200 shares. Based on an average daily volume of 22,300 shares, the short-interest ratio is presently 3.6 days.

iShares Morningstar Mid-Cap Value ETF Stock Down 0.5 %

Shares of NASDAQ:IMCV traded down $0.36 during midday trading on Tuesday, reaching $76.98. The company’s stock had a trading volume of 9,540 shares, compared to its average volume of 21,747. The business has a 50 day moving average price of $76.78 and a 200 day moving average price of $75.80. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $65.67 and a 1 year high of $81.32. The firm has a market cap of $681.27 million, a price-to-earnings ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.5157 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Morningstar Mid-Cap Value ETF

Several large investors have recently made changes to their positions in the business. swisspartners Advisors Ltd acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF during the third quarter worth $7,922,000. Lebenthal Global Advisors LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth about $3,908,000. EP Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth approximately $3,316,000. International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at approximately $1,782,000. Finally, Jim Saulnier & Associates LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at approximately $1,598,000.

iShares Morningstar Mid-Cap Value ETF Company Profile

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.