iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sees Significant Decline in Short Interest

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 2,142,326 shares, a decline of 42.9% from the September 30th total of 3,750,284 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 2,881,122 shares, the short-interest ratio is presently 0.7 days.

iShares Core MSCI International Developed Markets ETF Trading Down 1.0%

Shares of IDEV traded down $0.90 during trading hours on Friday, reaching $89.21. 4,078,931 shares of the company’s stock traded hands, compared to its average volume of 1,995,051. The stock has a market cap of $33.84 billion, a PE ratio of 16.62 and a beta of 0.80. iShares Core MSCI International Developed Markets ETF has a 12 month low of $78.10 and a 12 month high of $93.86. The firm’s 50 day simple moving average is $90.69 and its 200-day simple moving average is $88.88.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Several institutional investors and hedge funds have recently modified their holdings of IDEV. Bessemer Group Inc. increased its holdings in shares of iShares Core MSCI International Developed Markets ETF by 25.9% during the first quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock valued at $230,662,000 after acquiring an additional 568,237 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. increased its stake in iShares Core MSCI International Developed Markets ETF by 9.7% during the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 71,895 shares of the company’s stock worth $6,433,000 after buying an additional 6,335 shares in the last quarter. Aureus Asset Management LLC purchased a new position in shares of iShares Core MSCI International Developed Markets ETF in the first quarter worth about $661,000. ESL Trust Services LLC purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the first quarter valued at approximately $47,196,000. Finally, Farther Finance Advisors LLC grew its holdings in iShares Core MSCI International Developed Markets ETF by 107.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 63,999 shares of the company’s stock valued at $5,727,000 after buying an additional 33,222 shares in the last quarter.

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.