iShares International Country Rotation Active ETF (NASDAQ:CORO – Get Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 541,072 shares, a decline of 80.2% from the May 31st total of 2,732,937 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,386,369 shares, the days-to-cover ratio is currently 0.4 days.
iShares International Country Rotation Active ETF Stock Performance
Shares of NASDAQ CORO traded down $0.25 during midday trading on Friday, reaching $36.14. 780,425 shares of the company traded hands, compared to its average volume of 2,078,230. iShares International Country Rotation Active ETF has a 12 month low of $27.82 and a 12 month high of $37.58. The firm has a market cap of $3.74 billion, a PE ratio of 28.57 and a beta of 0.63. The stock’s 50-day simple moving average is $35.72 and its 200-day simple moving average is $33.70.
Institutional Investors Weigh In On iShares International Country Rotation Active ETF
A number of large investors have recently bought and sold shares of CORO. Redwood Investment Management LLC bought a new position in iShares International Country Rotation Active ETF in the 1st quarter valued at $2,886,000. Arkadios Wealth Advisors bought a new position in shares of iShares International Country Rotation Active ETF in the first quarter valued at about $13,793,000. EverSource Wealth Advisors LLC acquired a new position in iShares International Country Rotation Active ETF during the 1st quarter worth about $85,000. Bank of New York Mellon Corp acquired a new position in iShares International Country Rotation Active ETF during the 1st quarter worth about $15,945,000. Finally, Mosaic Advisors LLC bought a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth about $838,000.
iShares International Country Rotation Active ETF Company Profile
The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.
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