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

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 2,254,586 shares, a decrease of 46.5% from the December 15th total of 4,217,095 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 1,432,139 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 1,432,139 shares, the short-interest ratio is currently 1.6 days. Currently, 0.8% of the shares of the stock are sold short.

iShares Core MSCI International Developed Markets ETF Price Performance

NYSEARCA:IDEV traded down $0.01 during trading hours on Thursday, hitting $85.25. The stock had a trading volume of 6,458,379 shares, compared to its average volume of 3,060,078. The company has a 50 day simple moving average of $82.24 and a two-hundred day simple moving average of $79.85. The firm has a market capitalization of $25.34 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. iShares Core MSCI International Developed Markets ETF has a one year low of $61.11 and a one year high of $85.53.

Hedge Funds Weigh In On iShares Core MSCI International Developed Markets ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 1st quarter valued at about $1,025,000. Parallel Advisors LLC increased its position in shares of iShares Core MSCI International Developed Markets ETF by 15.0% in the second quarter. Parallel Advisors LLC now owns 11,013 shares of the company’s stock worth $837,000 after purchasing an additional 1,439 shares during the last quarter. Klaas Financial Asset Advisors LLC raised its stake in iShares Core MSCI International Developed Markets ETF by 1.5% in the second quarter. Klaas Financial Asset Advisors LLC now owns 702,685 shares of the company’s stock valued at $53,432,000 after purchasing an additional 10,240 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares Core MSCI International Developed Markets ETF by 260.1% during the second quarter. Farther Finance Advisors LLC now owns 2,582 shares of the company’s stock valued at $196,000 after purchasing an additional 1,865 shares during the last quarter. Finally, First PREMIER Bank lifted its position in iShares Core MSCI International Developed Markets ETF by 48.3% during the second quarter. First PREMIER Bank now owns 1,425 shares of the company’s stock valued at $108,000 after purchasing an additional 464 shares during the last quarter.

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.