iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Shares Shorted: Short Interest Down 42.9% in October

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,142,326 shares, a drop of 42.9% from the September 30th total of 3,750,284 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 2,881,122 shares, the short-interest ratio is currently 0.7 days.

iShares Core MSCI International Developed Markets ETF Price Performance

Shares of NYSEARCA IDEV opened at $89.51 on Tuesday. The business’s 50-day moving average price is $90.61 and its two-hundred day moving average price is $88.90. iShares Core MSCI International Developed Markets ETF has a one year low of $78.10 and a one year high of $93.86. The company has a market capitalization of $33.96 billion, a P/E ratio of 16.62 and a beta of 0.80.

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

Institutional investors have recently made changes to their positions in the company. Lynx Investment Advisory lifted its stake in shares of iShares Core MSCI International Developed Markets ETF by 64.7% in the 3rd quarter. Lynx Investment Advisory now owns 9,756 shares of the company’s stock valued at $873,000 after purchasing an additional 3,833 shares during the last quarter. Arrow Financial Corp boosted its position in iShares Core MSCI International Developed Markets ETF by 0.9% during the third quarter. Arrow Financial Corp now owns 572,476 shares of the company’s stock worth $51,225,000 after purchasing an additional 4,986 shares during the period. Kingswood Wealth Advisors LLC boosted its position in iShares Core MSCI International Developed Markets ETF by 178.5% during the third quarter. Kingswood Wealth Advisors LLC now owns 8,868 shares of the company’s stock worth $794,000 after purchasing an additional 5,684 shares during the period. Root Financial Partners LLC acquired a new position in iShares Core MSCI International Developed Markets ETF during the third quarter valued at approximately $36,000. Finally, Fortitude Family Office LLC grew its holdings in iShares Core MSCI International Developed Markets ETF by 11.0% during the third quarter. Fortitude Family Office LLC now owns 340,029 shares of the company’s stock valued at $30,426,000 after purchasing an additional 33,611 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.