Short Interest in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Expands By 55.1%

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 924,602 shares, an increase of 55.1% from the July 30th total of 596,308 shares. Based on an average daily volume of 1,163,081 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s stock are sold short.

iShares Core MSCI International Developed Markets ETF Price Performance

Shares of NYSEARCA:IDEV traded up $0.28 during trading on Wednesday, reaching $91.99. 46,139 shares of the stock were exchanged, compared to its average volume of 1,925,362. The stock has a fifty day moving average of $90.81 and a two-hundred day moving average of $88.78. iShares Core MSCI International Developed Markets ETF has a 1-year low of $77.52 and a 1-year high of $93.86. The firm has a market cap of $32.18 billion, a price-to-earnings ratio of 16.62 and a beta of 0.79.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Large investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. raised its holdings in iShares Core MSCI International Developed Markets ETF by 33.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,852,208 shares of the company’s stock valued at $521,039,000 after acquiring an additional 1,716,886 shares during the period. JPMorgan Chase & Co. grew its position in iShares Core MSCI International Developed Markets ETF by 16.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,432,860 shares of the company’s stock worth $365,623,000 after acquiring an additional 625,042 shares in the last quarter. Bessemer Group Inc. increased its position in shares of iShares Core MSCI International Developed Markets ETF by 25.9% during the 1st quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock valued at $230,662,000 after purchasing an additional 568,237 shares during the last quarter. ESL Trust Services LLC bought a new position in iShares Core MSCI International Developed Markets ETF during the first quarter valued at approximately $47,196,000. Finally, First Command Advisory Services Inc. grew its holdings in shares of iShares Core MSCI International Developed Markets ETF by 21.4% during the 4th quarter. First Command Advisory Services Inc. now owns 1,630,797 shares of the company’s stock valued at $134,508,000 after purchasing an additional 287,340 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.