iShares International Country Rotation Active ETF (NASDAQ:CORO) Stock Short Interest Drops 58.0%

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 109,338 shares, a decline of 58.0% from the August 31st total of 260,467 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 719,133 shares, the days-to-cover ratio is currently 0.2 days.

iShares International Country Rotation Active ETF Stock Performance

CORO stock opened at $36.55 on Wednesday. The company has a market capitalization of $12.68 billion, a price-to-earnings ratio of 28.57 and a beta of 0.66. iShares International Country Rotation Active ETF has a fifty-two week low of $29.76 and a fifty-two week high of $37.66. The stock has a fifty day moving average of $36.65 and a 200-day moving average of $35.52.

Institutional Trading of iShares International Country Rotation Active ETF

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

About iShares International Country Rotation Active ETF

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.