iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Update

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 560,500 shares, a drop of 70.7% from the August 31st total of 1,910,000 shares. Based on an average daily volume of 1,167,100 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 1,167,100 shares, the short-interest ratio is presently 0.5 days.

iShares Core MSCI International Developed Markets ETF Trading Up 0.9%

NYSEARCA:IDEV opened at $81.54 on Friday. The company has a 50-day moving average price of $78.49 and a 200-day moving average price of $74.70. iShares Core MSCI International Developed Markets ETF has a 12 month low of $61.11 and a 12 month high of $81.67. The stock has a market cap of $22.80 billion, a price-to-earnings ratio of 16.62 and a beta of 0.88.

Institutional Investors Weigh In On iShares Core MSCI International Developed Markets ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Mascoma Wealth Management LLC lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 3.5% in the 1st quarter. Mascoma Wealth Management LLC now owns 5,044 shares of the company’s stock worth $347,000 after purchasing an additional 172 shares during the period. First Horizon Advisors Inc. lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 2.2% in the 1st quarter. First Horizon Advisors Inc. now owns 9,983 shares of the company’s stock worth $688,000 after purchasing an additional 217 shares during the period. Rossby Financial LCC lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 5.7% in the 2nd quarter. Rossby Financial LCC now owns 4,556 shares of the company’s stock worth $346,000 after purchasing an additional 245 shares during the period. Private Trust Co. NA lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 18.5% in the 1st quarter. Private Trust Co. NA now owns 1,628 shares of the company’s stock worth $112,000 after purchasing an additional 254 shares during the period. Finally, First PREMIER Bank lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 48.3% in the 2nd quarter. First PREMIER Bank now owns 1,425 shares of the company’s stock worth $108,000 after purchasing an additional 464 shares during the period.

About iShares Core MSCI International Developed Markets ETF

The iShares Core MSCI International Developed Markets ETF (IDEV) is an exchange-traded fund that is based on the MSCI World ex USA IMI index, a market-cap-weighted index of large-, mid, and small-cap stocks from developed countries, excluding the US. IDEV was launched on Mar 21, 2017 and is managed by BlackRock.