Short Interest in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Increases By 55.1%

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 924,602 shares, a growth of 55.1% from the July 30th total of 596,308 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 1,163,081 shares, the days-to-cover ratio is currently 0.8 days.

iShares Core MSCI International Developed Markets ETF Stock Up 0.7%

Shares of NYSEARCA IDEV opened at $92.31 on Thursday. iShares Core MSCI International Developed Markets ETF has a twelve month low of $77.52 and a twelve month high of $93.86. The firm has a market cap of $32.29 billion, a PE ratio of 16.62 and a beta of 0.79. The business has a fifty day simple moving average of $90.90 and a two-hundred day simple moving average of $88.81.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in iShares Core MSCI International Developed Markets ETF by 33.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,852,208 shares of the company’s stock worth $521,039,000 after acquiring an additional 1,716,886 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core MSCI International Developed Markets ETF by 16.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,432,860 shares of the company’s stock valued at $365,623,000 after purchasing an additional 625,042 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 25.9% in the 1st quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock worth $230,662,000 after purchasing an additional 568,237 shares during the period. ESL Trust Services LLC purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 1st quarter worth approximately $47,196,000. Finally, First Command Advisory Services Inc. boosted its stake in shares of iShares Core MSCI International Developed Markets ETF by 21.4% during the fourth quarter. First Command Advisory Services Inc. now owns 1,630,797 shares of the company’s stock valued at $134,508,000 after purchasing an additional 287,340 shares in the last quarter.

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.