iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Up 100.3% in February

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 2,505,395 shares, an increase of 100.3% from the January 29th total of 1,250,583 shares. Based on an average daily volume of 1,979,325 shares, the short-interest ratio is presently 1.3 days. Currently, 0.8% of the shares of the stock are short sold. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 1,979,325 shares, the short-interest ratio is presently 1.3 days.

iShares Core MSCI International Developed Markets ETF Stock Down 0.1%

Shares of NYSEARCA IDEV traded down $0.11 during midday trading on Friday, reaching $90.62. 2,189,824 shares of the company were exchanged, compared to its average volume of 3,036,367. The stock’s 50-day moving average price is $86.39 and its 200-day moving average price is $82.45. The stock has a market cap of $28.35 billion, a P/E ratio of 16.62 and a beta of 0.85. iShares Core MSCI International Developed Markets ETF has a one year low of $61.11 and a one year high of $91.03.

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

Several large investors have recently bought and sold shares of the company. Advisory Services Network LLC grew its holdings in shares of iShares Core MSCI International Developed Markets ETF by 2.9% during the fourth quarter. Advisory Services Network LLC now owns 26,094 shares of the company’s stock worth $2,152,000 after purchasing an additional 734 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares Core MSCI International Developed Markets ETF by 3.5% in the 4th quarter. Captrust Financial Advisors now owns 666,453 shares of the company’s stock valued at $54,969,000 after buying an additional 22,450 shares during the last quarter. Okabena Investment Services Inc. acquired a new stake in iShares Core MSCI International Developed Markets ETF during the 4th quarter worth approximately $912,000. C M Bidwell & Associates Ltd. grew its holdings in iShares Core MSCI International Developed Markets ETF by 1.0% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 14,680 shares of the company’s stock worth $1,211,000 after acquiring an additional 140 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in iShares Core MSCI International Developed Markets ETF by 24.4% during the 4th quarter. Arkadios Wealth Advisors now owns 11,568 shares of the company’s stock worth $954,000 after acquiring an additional 2,272 shares during the last quarter.

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.