iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Down 28.3% in March

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 3,006,665 shares, a decrease of 28.3% from the February 26th total of 4,194,059 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,544,939 shares, the short-interest ratio is currently 1.2 days.

iShares Core MSCI International Developed Markets ETF Trading Down 0.9%

Shares of IDEV traded down $0.72 during mid-day trading on Friday, hitting $80.86. The company’s stock had a trading volume of 1,248,813 shares, compared to its average volume of 2,834,297. iShares Core MSCI International Developed Markets ETF has a 1-year low of $61.11 and a 1-year high of $91.03. The firm has a market capitalization of $25.30 billion, a P/E ratio of 16.62 and a beta of 0.85. The firm has a 50-day simple moving average of $86.55 and a 200 day simple moving average of $83.27.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in shares of 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 purchasing an additional 1,716,886 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Core MSCI International Developed Markets ETF by 16.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,432,860 shares of the company’s stock worth $365,623,000 after buying an additional 625,042 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares Core MSCI International Developed Markets ETF during the second quarter worth about $42,537,000. First Command Advisory Services Inc. grew its position in 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 worth $134,508,000 after buying an additional 287,340 shares during the period. Finally, Wealthquest Corp acquired a new position in iShares Core MSCI International Developed Markets ETF during the fourth quarter worth about $11,122,000.

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.