iShares International Country Rotation Active ETF (NASDAQ:CORO) Short Interest Update

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,732,937 shares, an increase of 675.1% from the May 14th total of 352,569 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average daily trading volume, of 11,266,261 shares, the days-to-cover ratio is currently 0.2 days.

iShares International Country Rotation Active ETF Stock Up 3.6%

Shares of NASDAQ:CORO opened at $36.27 on Friday. iShares International Country Rotation Active ETF has a 52-week low of $27.40 and a 52-week high of $36.96. The stock has a market cap of $3.76 billion, a P/E ratio of 28.57 and a beta of 0.63. The business’s 50 day moving average is $35.01 and its 200 day moving average is $33.27.

Institutional Trading of iShares International Country Rotation Active ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CORO. Parallel Advisors LLC purchased a new stake in shares of iShares International Country Rotation Active ETF during the 3rd quarter valued at $107,000. Beacon Financial Group acquired a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth about $11,501,000. Mosaic Advisors LLC acquired a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth about $838,000. Bank of New York Mellon Corp acquired a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth about $15,945,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth about $85,000.

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.