iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sees Significant Increase in Short Interest

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 664,300 shares, a growth of 102.5% from the September 15th total of 328,000 shares. Based on an average daily trading volume, of 1,209,200 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares Core MSCI Total International Stock ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Mill Creek Capital Advisors LLC increased its stake in iShares Core MSCI Total International Stock ETF by 12.9% during the second quarter. Mill Creek Capital Advisors LLC now owns 4,139,721 shares of the company’s stock worth $279,680,000 after acquiring an additional 472,635 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in iShares Core MSCI Total International Stock ETF by 24.4% in the first quarter. Janney Montgomery Scott LLC now owns 1,493,386 shares of the company’s stock worth $101,341,000 after purchasing an additional 292,654 shares in the last quarter. Alerus Financial NA raised its stake in iShares Core MSCI Total International Stock ETF by 0.7% during the first quarter. Alerus Financial NA now owns 1,065,449 shares of the company’s stock worth $72,301,000 after acquiring an additional 7,045 shares during the period. OLD Mission Capital LLC bought a new position in iShares Core MSCI Total International Stock ETF in the fourth quarter worth about $44,772,000. Finally, Captrust Financial Advisors boosted its stake in iShares Core MSCI Total International Stock ETF by 279.3% in the first quarter. Captrust Financial Advisors now owns 633,041 shares of the company’s stock valued at $42,958,000 after acquiring an additional 466,165 shares during the period.

iShares Core MSCI Total International Stock ETF Stock Performance

NASDAQ IXUS traded up $0.36 during trading hours on Friday, reaching $71.92. The company’s stock had a trading volume of 438,241 shares, compared to its average volume of 1,451,331. The stock has a market cap of $39.40 billion, a PE ratio of 13.97 and a beta of 0.84. The company’s 50-day moving average is $70.06 and its two-hundred day moving average is $68.77. iShares Core MSCI Total International Stock ETF has a fifty-two week low of $57.04 and a fifty-two week high of $73.53.

About iShares Core MSCI Total International Stock ETF

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.