Short Interest in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Rises By 68.5%

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 4,217,095 shares, an increase of 68.5% from the November 30th total of 2,503,014 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,611,839 shares, the short-interest ratio is presently 2.6 days. Based on an average daily trading volume, of 1,611,839 shares, the short-interest ratio is presently 2.6 days. Currently, 1.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. YANKCOM Partnership bought a new stake in shares of iShares Core MSCI International Developed Markets ETF during the third quarter valued at about $25,000. Brown Brothers Harriman & Co. raised its position in shares of iShares Core MSCI International Developed Markets ETF by 11,466.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $28,000 after buying an additional 344 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 3rd quarter worth approximately $41,000. Archer Investment Corp boosted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 134.8% in the second quarter. Archer Investment Corp now owns 836 shares of the company’s stock valued at $64,000 after acquiring an additional 480 shares in the last quarter. Finally, Ameriflex Group Inc. increased its stake in shares of iShares Core MSCI International Developed Markets ETF by 2,216.3% during the third quarter. Ameriflex Group Inc. now owns 996 shares of the company’s stock valued at $80,000 after acquiring an additional 953 shares during the period.

iShares Core MSCI International Developed Markets ETF Price Performance

IDEV stock traded up $0.17 on Friday, reaching $83.08. The company’s stock had a trading volume of 758,222 shares, compared to its average volume of 1,515,108. iShares Core MSCI International Developed Markets ETF has a 52 week low of $61.11 and a 52 week high of $83.68. The company has a market capitalization of $24.06 billion, a P/E ratio of 16.62 and a beta of 0.85. The firm has a fifty day moving average of $81.37 and a two-hundred day moving average of $79.00.

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.