iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Up 68.5% in December

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,217,095 shares, an increase of 68.5% from the November 30th total of 2,503,014 shares. Based on an average daily volume of 1,611,839 shares, the short-interest ratio is currently 2.6 days. Currently, 1.5% of the shares of the company are short sold. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 1,611,839 shares, the short-interest ratio is currently 2.6 days.

iShares Core MSCI International Developed Markets ETF Stock Performance

Shares of IDEV stock traded up $0.32 on Tuesday, reaching $83.12. The stock had a trading volume of 209,725 shares, compared to its average volume of 1,507,865. The stock has a market cap of $24.08 billion, a P/E ratio of 16.62 and a beta of 0.85. iShares Core MSCI International Developed Markets ETF has a 1 year low of $61.11 and a 1 year high of $83.68. The company has a 50 day simple moving average of $81.39 and a 200 day simple moving average of $79.05.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Prime Capital Investment Advisors LLC boosted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 3.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,558 shares of the company’s stock worth $365,000 after buying an additional 144 shares during the last quarter. North Star Asset Management Inc. raised its position in iShares Core MSCI International Developed Markets ETF by 5.3% in the third quarter. North Star Asset Management Inc. now owns 3,943 shares of the company’s stock worth $316,000 after acquiring an additional 199 shares during the period. Rossby Financial LCC boosted its stake in shares of iShares Core MSCI International Developed Markets ETF by 5.7% during the 2nd quarter. Rossby Financial LCC now owns 4,556 shares of the company’s stock worth $346,000 after acquiring an additional 245 shares during the last quarter. Kickstand Ventures LLC. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 0.3% during the 3rd quarter. Kickstand Ventures LLC. now owns 80,179 shares of the company’s stock valued at $6,428,000 after acquiring an additional 251 shares during the period. Finally, First PREMIER Bank grew its position in shares of iShares Core MSCI International Developed Markets ETF by 20.4% during the 3rd quarter. First PREMIER Bank now owns 1,716 shares of the company’s stock valued at $138,000 after acquiring an additional 291 shares during the period.

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.