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

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

iShares Core MSCI International Developed Markets ETF Stock Performance

Shares of IDEV stock traded up $0.17 during trading hours on Friday, hitting $83.08. 758,222 shares of the company were exchanged, compared to its average volume of 1,515,108. The stock has a market capitalization of $24.06 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. iShares Core MSCI International Developed Markets ETF has a one year low of $61.11 and a one year high of $83.68. The business’s 50-day simple moving average is $81.37 and its two-hundred day simple moving average is $79.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in shares of iShares Core MSCI International Developed Markets ETF by 7.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,361,205 shares of the company’s stock valued at $587,663,000 after acquiring an additional 508,997 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Core MSCI International Developed Markets ETF by 19.4% in the second quarter. JPMorgan Chase & Co. now owns 3,856,982 shares of the company’s stock worth $293,285,000 after purchasing an additional 626,665 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Core MSCI International Developed Markets ETF by 55.4% during the second quarter. Bank of New York Mellon Corp now owns 1,966,793 shares of the company’s stock valued at $149,555,000 after purchasing an additional 700,939 shares during the last quarter. First Command Advisory Services Inc. increased its stake in iShares Core MSCI International Developed Markets ETF by 13.8% during the third quarter. First Command Advisory Services Inc. now owns 1,343,457 shares of the company’s stock valued at $107,705,000 after purchasing an additional 163,326 shares during the last quarter. Finally, Rock Creek Group LP raised its holdings in shares of iShares Core MSCI International Developed Markets ETF by 5.2% during the third quarter. Rock Creek Group LP now owns 761,211 shares of the company’s stock worth $61,026,000 after purchasing an additional 37,361 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.