iShares International Country Rotation Active ETF (NASDAQ:CORO) Short Interest Update

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,732,937 shares, an increase of 675.1% from the May 14th total of 352,569 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average daily trading volume, of 11,266,261 shares, the short-interest ratio is currently 0.2 days.

iShares International Country Rotation Active ETF Trading Down 0.8%

Shares of iShares International Country Rotation Active ETF stock traded down $0.29 during trading on Wednesday, hitting $35.26. 394,243 shares of the stock traded hands, compared to its average volume of 2,172,335. The firm has a market cap of $3.65 billion, a P/E ratio of 28.57 and a beta of 0.63. iShares International Country Rotation Active ETF has a 52-week low of $27.40 and a 52-week high of $36.96. The stock’s fifty day simple moving average is $34.85 and its 200 day simple moving average is $33.19.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

Several institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new position in shares of iShares International Country Rotation Active ETF during the first quarter valued at $15,945,000. Arkadios Wealth Advisors purchased a new position in iShares International Country Rotation Active ETF in the first quarter valued at about $13,793,000. Beacon Financial Group purchased a new position in iShares International Country Rotation Active ETF in the first quarter valued at about $11,501,000. Mosaic Advisors LLC purchased a new position in iShares International Country Rotation Active ETF in the first quarter valued at about $838,000. Finally, Parallel Advisors LLC purchased a new position in iShares International Country Rotation Active ETF in the third quarter valued at about $107,000.

About iShares International Country Rotation Active ETF

The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.