iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Short Interest Update

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 10,631,512 shares, a drop of 21.5% from the March 31st total of 13,534,846 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 2,700,150 shares, the days-to-cover ratio is currently 3.9 days.

iShares Core MSCI Total International Stock ETF Price Performance

NASDAQ IXUS traded up $1.62 during trading hours on Thursday, reaching $92.83. The company’s stock had a trading volume of 872,545 shares, compared to its average volume of 2,735,288. The firm has a fifty day simple moving average of $89.72 and a 200-day simple moving average of $87.29. The stock has a market cap of $56.07 billion, a P/E ratio of 16.14 and a beta of 0.77. iShares Core MSCI Total International Stock ETF has a 52 week low of $71.63 and a 52 week high of $95.02.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Isthmus Partners LLC bought a new position in iShares Core MSCI Total International Stock ETF in the 1st quarter valued at approximately $2,275,000. Indiana Trust & Investment Management Co raised its holdings in iShares Core MSCI Total International Stock ETF by 48.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 705 shares of the company’s stock valued at $61,000 after buying an additional 230 shares during the last quarter. NBT Bank N A NY raised its holdings in iShares Core MSCI Total International Stock ETF by 5,763.6% in the 1st quarter. NBT Bank N A NY now owns 80,038 shares of the company’s stock valued at $6,934,000 after buying an additional 78,673 shares during the last quarter. Root Financial Partners LLC raised its holdings in iShares Core MSCI Total International Stock ETF by 1,369.6% in the 1st quarter. Root Financial Partners LLC now owns 823 shares of the company’s stock valued at $71,000 after buying an additional 767 shares during the last quarter. Finally, Financial Life Planners bought a new position in iShares Core MSCI Total International Stock ETF in the 1st quarter valued at approximately $50,000.

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.