iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sees Significant Decline in Short Interest

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 968,046 shares, a drop of 62.0% from the June 30th total of 2,549,236 shares. Based on an average trading volume of 1,615,615 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

iShares Core MSCI Total International Stock ETF Stock Performance

NASDAQ:IXUS opened at $93.19 on Monday. The firm has a market cap of $57.49 billion, a P/E ratio of 16.14 and a beta of 0.77. The stock’s 50 day simple moving average is $95.06 and its 200-day simple moving average is $91.96. iShares Core MSCI Total International Stock ETF has a 12-month low of $75.96 and a 12-month high of $97.93.

iShares Core MSCI Total International Stock ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.2331 dividend. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares Core MSCI Total International Stock ETF

Several institutional investors have recently bought and sold shares of IXUS. Sound Income Strategies LLC lifted its stake in shares of iShares Core MSCI Total International Stock ETF by 163.7% in the 4th quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock worth $26,000 after acquiring an additional 185 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares Core MSCI Total International Stock ETF during the fourth quarter worth about $26,000. Financial Life Planners acquired a new position in shares of iShares Core MSCI Total International Stock ETF during the first quarter worth about $50,000. Indiana Trust & Investment Management Co raised its holdings in iShares Core MSCI Total International Stock ETF by 48.4% during the first quarter. Indiana Trust & Investment Management Co now owns 705 shares of the company’s stock worth $61,000 after purchasing an additional 230 shares in the last quarter. Finally, Root Financial Partners LLC raised its holdings in iShares Core MSCI Total International Stock ETF by 1,369.6% during the first quarter. Root Financial Partners LLC now owns 823 shares of the company’s stock worth $71,000 after purchasing an additional 767 shares in the last quarter.

About iShares Core MSCI Total International Stock ETF

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.