iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Stock Short Interest Report for October

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,142,326 shares, a decrease of 42.9% from the September 30th total of 3,750,284 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 2,881,122 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On iShares Core MSCI International Developed Markets ETF

Several hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 25.9% during the first quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock worth $230,662,000 after buying an additional 568,237 shares in the last quarter. Arrow Financial Corp boosted its stake in iShares Core MSCI International Developed Markets ETF by 0.9% during the 3rd quarter. Arrow Financial Corp now owns 572,476 shares of the company’s stock valued at $51,225,000 after acquiring an additional 4,986 shares during the last quarter. ESL Trust Services LLC acquired a new position in iShares Core MSCI International Developed Markets ETF during the 1st quarter worth $47,196,000. Fortitude Family Office LLC grew its holdings in iShares Core MSCI International Developed Markets ETF by 11.0% during the 3rd quarter. Fortitude Family Office LLC now owns 340,029 shares of the company’s stock worth $30,426,000 after acquiring an additional 33,611 shares in the last quarter. Finally, Wealthquest Corp increased its position in shares of iShares Core MSCI International Developed Markets ETF by 12.9% in the 1st quarter. Wealthquest Corp now owns 152,289 shares of the company’s stock worth $12,727,000 after purchasing an additional 17,449 shares during the last quarter.

iShares Core MSCI International Developed Markets ETF Trading Down 1.0%

Shares of NYSEARCA IDEV traded down $0.90 during midday trading on Friday, reaching $89.21. 4,078,931 shares of the stock were exchanged, compared to its average volume of 1,995,051. The company has a market capitalization of $33.84 billion, a P/E ratio of 16.62 and a beta of 0.80. iShares Core MSCI International Developed Markets ETF has a 52-week low of $78.10 and a 52-week high of $93.86. The stock has a 50 day moving average price of $90.69 and a 200-day moving average price of $88.88.

About iShares Core MSCI International Developed Markets ETF

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.