iShares International Country Rotation Active ETF (NASDAQ:CORO) Sees Significant Increase in Short Interest

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the target of a large growth in short interest in 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 shares of the company are short sold. Based on an average daily trading volume, of 14,761,250 shares, the short-interest ratio is presently 0.1 days.

iShares International Country Rotation Active ETF Stock Up 0.6%

Shares of CORO stock opened at $36.17 on Friday. iShares International Country Rotation Active ETF has a 12-month low of $29.76 and a 12-month high of $37.66. The company has a market capitalization of $12.99 billion, a PE ratio of 28.57 and a beta of 0.68. The firm has a 50 day moving average price of $36.80 and a two-hundred day moving average price of $35.73.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in shares of iShares International Country Rotation Active ETF by 41.1% during the third quarter. Farther Finance Advisors LLC now owns 611,323 shares of the company’s stock worth $22,222,000 after buying an additional 178,071 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in iShares International Country Rotation Active ETF in the 1st quarter worth about $15,945,000. Arkadios Wealth Advisors bought a new position in shares of iShares International Country Rotation Active ETF during the first quarter worth approximately $13,793,000. Beacon Financial Group bought a new position in shares of iShares International Country Rotation Active ETF during the first quarter worth approximately $11,501,000. Finally, CoreCap Advisors LLC raised its position in shares of iShares International Country Rotation Active ETF by 103.6% in the third quarter. CoreCap Advisors LLC now owns 125,874 shares of the company’s stock valued at $4,576,000 after buying an additional 64,043 shares in the last quarter.

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.