Short Interest in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Decreases By 68.8%

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 596,308 shares, a decrease of 68.8% from the July 15th total of 1,911,948 shares. Based on an average trading volume of 1,410,763 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its stake in iShares Core MSCI International Developed Markets ETF by 11,466.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $28,000 after purchasing an additional 344 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in iShares Core MSCI International Developed Markets ETF during the fourth quarter worth approximately $30,000. Creative Capital Management Investments LLC bought a new stake in iShares Core MSCI International Developed Markets ETF in the first quarter valued at approximately $32,000. Main Street Group LTD bought a new stake in iShares Core MSCI International Developed Markets ETF in the first quarter valued at approximately $37,000. Finally, Archer Investment Corp lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 14.0% in the fourth quarter. Archer Investment Corp now owns 972 shares of the company’s stock valued at $80,000 after buying an additional 119 shares during the last quarter.

iShares Core MSCI International Developed Markets ETF Price Performance

Shares of IDEV stock opened at $93.56 on Friday. The stock has a market cap of $32.73 billion, a P/E ratio of 16.62 and a beta of 0.79. The company has a fifty day moving average price of $89.93 and a two-hundred day moving average price of $88.33. iShares Core MSCI International Developed Markets ETF has a one year low of $77.13 and a one year high of $93.80.

iShares Core MSCI International Developed Markets ETF Company Profile

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.