iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Update

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,911,948 shares, a drop of 45.3% from the June 30th total of 3,493,541 shares. Based on an average daily volume of 1,862,637 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Core MSCI International Developed Markets ETF

Large investors have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. boosted its position in iShares Core MSCI International Developed Markets ETF by 11,466.7% during the third quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $28,000 after acquiring an additional 344 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in iShares Core MSCI International Developed Markets ETF in the 4th quarter valued at about $30,000. Creative Capital Management Investments LLC purchased a new position in iShares Core MSCI International Developed Markets ETF in the 1st quarter worth approximately $32,000. Main Street Group LTD purchased a new position in iShares Core MSCI International Developed Markets ETF in the 1st quarter worth approximately $37,000. Finally, Archer Investment Corp lifted 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 in the last quarter.

iShares Core MSCI International Developed Markets ETF Stock Down 0.6%

Shares of iShares Core MSCI International Developed Markets ETF stock traded down $0.53 on Wednesday, reaching $88.89. The company’s stock had a trading volume of 1,147,083 shares, compared to its average volume of 1,986,910. The company has a market capitalization of $31.09 billion, a P/E ratio of 16.62 and a beta of 0.79. The stock has a 50-day moving average price of $89.36 and a 200-day moving average price of $87.71. iShares Core MSCI International Developed Markets ETF has a 52-week low of $74.21 and a 52-week high of $91.03.

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.