iShares International Country Rotation Active ETF (NASDAQ:CORO) Sees Large Decline in Short Interest

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 541,072 shares, a decrease of 80.2% from the May 31st total of 2,732,937 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 1,386,369 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CORO. EverSource Wealth Advisors LLC acquired a new position in shares of iShares International Country Rotation Active ETF during the 1st quarter worth approximately $85,000. Parallel Advisors LLC acquired a new stake in iShares International Country Rotation Active ETF during the 3rd quarter valued at $107,000. Mosaic Advisors LLC bought a new position in iShares International Country Rotation Active ETF during the first quarter worth $838,000. Redwood Investment Management LLC acquired a new position in shares of iShares International Country Rotation Active ETF in the first quarter valued at $2,886,000. Finally, Beacon Financial Group acquired a new position in shares of iShares International Country Rotation Active ETF in the first quarter valued at approximately $11,501,000.

iShares International Country Rotation Active ETF Trading Up 0.7%

CORO stock opened at $36.39 on Friday. iShares International Country Rotation Active ETF has a 1-year low of $27.82 and a 1-year high of $37.58. The firm has a market cap of $3.77 billion, a PE ratio of 28.57 and a beta of 0.63. The business’s 50-day moving average price is $35.68 and its two-hundred day moving average price is $33.69.

About iShares International Country Rotation Active ETF

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.