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

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEVGet Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 596,308 shares, a drop of 68.8% from the July 15th total of 1,911,948 shares. Based on an average daily volume of 1,410,763 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

iShares Core MSCI International Developed Markets ETF Stock Performance

Shares of iShares Core MSCI International Developed Markets ETF stock remained flat at $93.56 during trading on Friday. 759,745 shares of the stock traded hands, compared to its average volume of 1,938,199. The company has a 50 day moving average of $89.82 and a two-hundred day moving average of $88.29. The stock has a market cap of $32.73 billion, a PE ratio of 16.62 and a beta of 0.79. iShares Core MSCI International Developed Markets ETF has a fifty-two week low of $77.13 and a fifty-two week high of $93.80.

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

A number of institutional investors and hedge funds have recently modified their holdings of IDEV. Ethos Financial Group LLC increased its position in shares of iShares Core MSCI International Developed Markets ETF by 4.2% in the first quarter. Ethos Financial Group LLC now owns 2,896 shares of the company’s stock worth $242,000 after acquiring an additional 116 shares in the last quarter. First Horizon Corp lifted its position in shares of iShares Core MSCI International Developed Markets ETF by 1.2% in the 1st quarter. First Horizon Corp now owns 10,004 shares of the company’s stock valued at $836,000 after acquiring an additional 117 shares in the last quarter. Archer Investment Corp boosted its stake in iShares Core MSCI International Developed Markets ETF by 14.0% in the 4th quarter. Archer Investment Corp now owns 972 shares of the company’s stock worth $80,000 after purchasing an additional 119 shares during the period. Evensky & Katz LLC boosted its stake in iShares Core MSCI International Developed Markets ETF by 0.6% in the 4th quarter. Evensky & Katz LLC now owns 21,809 shares of the company’s stock worth $1,799,000 after purchasing an additional 122 shares during the period. Finally, C M Bidwell & Associates Ltd. boosted its stake in iShares Core MSCI International Developed Markets ETF by 1.0% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 14,680 shares of the company’s stock worth $1,211,000 after purchasing an additional 140 shares during the period.

iShares Core MSCI International Developed Markets ETF Company Profile

(Get Free Report)

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.

Further Reading

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