iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Shares Shorted: Short Interest Down 75.7% in October

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 520,338 shares, a drop of 75.7% from the October 15th total of 2,142,326 shares. Based on an average trading volume of 2,292,442 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

iShares Core MSCI International Developed Markets ETF Stock Up 0.3%

IDEV opened at $90.16 on Thursday. The firm’s 50 day moving average is $90.14 and its 200-day moving average is $89.06. iShares Core MSCI International Developed Markets ETF has a 52-week low of $78.10 and a 52-week high of $93.86. The firm has a market capitalization of $34.30 billion, a P/E ratio of 16.62 and a beta of 0.81.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new stake in iShares Core MSCI International Developed Markets ETF during the 3rd quarter worth $229,588,000. Rock Creek Group LLC acquired a new position in iShares Core MSCI International Developed Markets ETF in the 3rd quarter worth $51,489,000. ESL Trust Services LLC purchased a new position in iShares Core MSCI International Developed Markets ETF in the 1st quarter valued at about $47,196,000. First Command Advisory Services Inc. boosted its position in iShares Core MSCI International Developed Markets ETF by 14.9% in the 3rd quarter. First Command Advisory Services Inc. now owns 2,146,036 shares of the company’s stock valued at $192,027,000 after buying an additional 278,605 shares during the last quarter. Finally, GW&K Investment Management LLC purchased a new position in iShares Core MSCI International Developed Markets ETF in the 3rd quarter valued at about $16,086,000.

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.