iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Up 116.3% in June

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,847,334 shares, an increase of 116.3% from the May 31st total of 854,089 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 1,270,254 shares, the days-to-cover ratio is presently 1.5 days.

iShares Core MSCI International Developed Markets ETF Trading Down 0.4%

IDEV stock traded down $0.40 during trading on Wednesday, reaching $88.61. The stock had a trading volume of 6,464,477 shares, compared to its average volume of 2,094,360. The firm has a market cap of $29.48 billion, a PE ratio of 16.62 and a beta of 0.79. The stock’s 50 day moving average is $89.02 and its two-hundred day moving average is $86.80. iShares Core MSCI International Developed Markets ETF has a 52 week low of $74.21 and a 52 week high of $91.03.

Hedge Funds Weigh In On iShares Core MSCI International Developed Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IDEV. Brown Brothers Harriman & Co. grew its position in iShares Core MSCI International Developed Markets ETF by 11,466.7% during the third quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $28,000 after buying an additional 344 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares Core MSCI International Developed Markets ETF during the 4th quarter worth $30,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares Core MSCI International Developed Markets ETF during the 1st quarter worth $32,000. Main Street Group LTD bought a new stake in shares of iShares Core MSCI International Developed Markets ETF during the 1st quarter valued at $37,000. Finally, Ameriflex Group Inc. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 2,216.3% during the 3rd quarter. Ameriflex Group Inc. now owns 996 shares of the company’s stock valued at $80,000 after acquiring an additional 953 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.