Short Interest in iShares Russell Mid-Cap ETF (IWR) Declines By 43.6%

Short Interest in iShares Russell Mid-Cap ETF (IWR) Declines By 43.6%

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 547,851 shares, a drop of 43.6% from the October 31st total of 971,189 shares. Based on an average trading volume of 888,686 shares, the short-interest ratio is currently 0.6 days.

Large investors have recently bought and sold shares of the stock. Carnegie Capital Asset Management LLC acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $202,000. Dynamic Advisor Solutions LLC acquired a new position in iShares Russell Mid-Cap ETF in the second quarter worth about $208,000. Obermeyer Wood Investment Counsel Lllp acquired a new position in iShares Russell Mid-Cap ETF in the second quarter worth about $209,000. Accredited Investors Inc. acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $209,000. Finally, Strategic Financial Group LLC acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $221,000.

Shares of iShares Russell Mid-Cap ETF stock opened at $50.65 on Friday. iShares Russell Mid-Cap ETF has a 1-year low of $48.54 and a 1-year high of $56.23.

iShares Russell Mid-Cap ETF Company Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.

See Also: Cash Flow

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