iShares International Country Rotation Active ETF (NASDAQ:CORO) Sees Large Growth in Short Interest

iShares International Country Rotation Active ETF (NASDAQ:CORO) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,560,941 shares, a growth of 1,327.6% from the September 15th total of 109,338 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 14,761,250 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CORO. EverSource Wealth Advisors LLC bought a new stake in iShares International Country Rotation Active ETF in the first quarter valued at $85,000. Continuum Advisory LLC bought a new position in iShares International Country Rotation Active ETF in the 2nd quarter worth $179,000. Mosaic Advisors LLC bought a new position in iShares International Country Rotation Active ETF in the 1st quarter worth $838,000. CoreCap Advisors LLC lifted its position in shares of iShares International Country Rotation Active ETF by 1,071.5% in the 2nd quarter. CoreCap Advisors LLC now owns 61,831 shares of the company’s stock worth $2,263,000 after purchasing an additional 56,553 shares during the period. Finally, Redwood Investment Management LLC purchased a new stake in shares of iShares International Country Rotation Active ETF in the 1st quarter worth about $2,886,000.

iShares International Country Rotation Active ETF Price Performance

CORO traded up $0.22 during midday trading on Friday, reaching $36.17. 3,111,058 shares of the company’s stock traded hands, compared to its average volume of 2,452,245. The firm has a fifty day moving average of $36.79 and a two-hundred day moving average of $35.73. The stock has a market capitalization of $12.99 billion, a price-to-earnings ratio of 28.57 and a beta of 0.68. iShares International Country Rotation Active ETF has a 52 week low of $29.76 and a 52 week high of $37.66.

iShares International Country Rotation Active ETF Company Profile

The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.