iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Up 100.3% in February

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 2,505,395 shares, an increase of 100.3% from the January 29th total of 1,250,583 shares. Based on an average daily trading volume, of 1,979,325 shares, the short-interest ratio is presently 1.3 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,979,325 shares, the short-interest ratio is presently 1.3 days.

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

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp bought a new position in iShares Core MSCI International Developed Markets ETF during the 1st quarter valued at about $1,025,000. Bank of New York Mellon Corp increased its holdings in shares of iShares Core MSCI International Developed Markets ETF by 55.4% during the second quarter. Bank of New York Mellon Corp now owns 1,966,793 shares of the company’s stock worth $149,555,000 after buying an additional 700,939 shares in the last quarter. Crestwood Advisors Group LLC bought a new position in shares of iShares Core MSCI International Developed Markets ETF in the second quarter valued at approximately $719,000. Cloud Capital Management LLC boosted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 8.2% in the 2nd quarter. Cloud Capital Management LLC now owns 32,678 shares of the company’s stock worth $2,474,000 after acquiring an additional 2,465 shares in the last quarter. Finally, Ethos Financial Group LLC acquired a new position in shares of iShares Core MSCI International Developed Markets ETF in the 2nd quarter worth approximately $211,000.

iShares Core MSCI International Developed Markets ETF Trading Down 0.1%

IDEV stock traded down $0.11 during trading on Friday, hitting $90.62. The company had a trading volume of 2,189,824 shares, compared to its average volume of 3,036,367. The company has a fifty day moving average price of $86.22 and a two-hundred day moving average price of $82.32. iShares Core MSCI International Developed Markets ETF has a fifty-two week low of $61.11 and a fifty-two week high of $91.03. The company has a market cap of $28.35 billion, a P/E ratio of 16.62 and a beta of 0.85.

About iShares Core MSCI International Developed Markets ETF

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.