iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Shares Shorted: Short Interest Down 75.7% in October

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 520,338 shares, a decrease of 75.7% from the October 15th total of 2,142,326 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,292,442 shares, the days-to-cover ratio is currently 0.2 days.

iShares Core MSCI International Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA:IDEV opened at $90.16 on Thursday. iShares Core MSCI International Developed Markets ETF has a 52-week low of $78.10 and a 52-week high of $93.86. The stock’s fifty day simple moving average is $90.14 and its 200-day simple moving average is $89.06. The company has a market capitalization of $34.30 billion, a P/E ratio of 16.62 and a beta of 0.81.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IDEV. GW&K Investment Management LLC purchased a new position in iShares Core MSCI International Developed Markets ETF during the third quarter worth about $16,086,000. Bridges Investment Management Inc. acquired a new position in shares of iShares Core MSCI International Developed Markets ETF during the third quarter worth about $369,000. Bessemer Group Inc. purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the third quarter worth about $229,588,000. Rock Creek Group LLC purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the third quarter worth about $51,489,000. Finally, FDx Advisors Inc. purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF in the third quarter worth about $15,013,000.

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.