iShares International Country Rotation Active ETF (NASDAQ:CORO) Stock Short Interest Drops 58.0%

iShares International Country Rotation Active ETF (NASDAQ:CORO) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 109,338 shares, a decline of 58.0% from the August 31st total of 260,467 shares. Based on an average trading volume of 719,133 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

iShares International Country Rotation Active ETF Trading Down 0.2%

CORO traded down $0.09 during trading on Tuesday, hitting $36.55. 4,701,154 shares of the company’s stock traded hands, compared to its average volume of 2,437,170. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 28.57 and a beta of 0.66. The company’s 50 day simple moving average is $36.64 and its two-hundred day simple moving average is $35.50. iShares International Country Rotation Active ETF has a 12-month low of $29.76 and a 12-month high of $37.66.

iShares International Country Rotation Active ETF Dividend Announcement

The firm also recently disclosed a semiannual dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, July 2nd were given a dividend of $0.2976 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a dividend yield of 166.0%.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

A number of hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC bought a new position in iShares International Country Rotation Active ETF during the 1st quarter valued at about $85,000. Continuum Advisory LLC purchased a new position in shares of iShares International Country Rotation Active ETF during the second quarter valued at approximately $179,000. Mosaic Advisors LLC purchased a new position in shares of iShares International Country Rotation Active ETF during the first quarter valued at approximately $838,000. CoreCap Advisors LLC lifted its position in iShares International Country Rotation Active ETF by 1,071.5% during the second quarter. CoreCap Advisors LLC now owns 61,831 shares of the company’s stock valued at $2,263,000 after purchasing an additional 56,553 shares during the period. Finally, Redwood Investment Management LLC bought a new position in iShares International Country Rotation Active ETF during the first quarter valued at approximately $2,886,000.

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.