Short Interest in iShares International Country Rotation Active ETF (NASDAQ:CORO) Declines By 80.2%

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 541,072 shares, a decline of 80.2% from the May 31st total of 2,732,937 shares. Based on an average daily volume of 1,386,369 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares International Country Rotation Active ETF

Several hedge funds have recently modified their holdings of CORO. Bank of New York Mellon Corp acquired a new position in shares of iShares International Country Rotation Active ETF in the 1st quarter valued at $15,945,000. Arkadios Wealth Advisors bought a new stake in iShares International Country Rotation Active ETF in the first quarter valued at $13,793,000. Beacon Financial Group acquired a new position in iShares International Country Rotation Active ETF during the first quarter worth $11,501,000. Redwood Investment Management LLC bought a new position in shares of iShares International Country Rotation Active ETF during the first quarter valued at $2,886,000. Finally, Mosaic Advisors LLC acquired a new stake in shares of iShares International Country Rotation Active ETF in the 1st quarter valued at $838,000.

iShares International Country Rotation Active ETF Stock Performance

NASDAQ:CORO opened at $36.39 on Friday. The stock’s 50 day moving average price is $35.68 and its 200 day moving average price is $33.69. iShares International Country Rotation Active ETF has a 52 week low of $27.82 and a 52 week high of $37.58. The company has a market capitalization of $3.77 billion, a P/E ratio of 28.57 and a beta of 0.63.

iShares International Country Rotation Active ETF Company Profile

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.