iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Short Interest Down 46.5% in December

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,254,586 shares, a decline of 46.5% from the December 15th total of 4,217,095 shares. Based on an average daily volume of 1,432,139 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 1,432,139 shares, the days-to-cover ratio is presently 1.6 days.

iShares Core MSCI International Developed Markets ETF Price Performance

NYSEARCA:IDEV traded up $0.22 during trading hours on Friday, reaching $85.47. 1,340,298 shares of the company were exchanged, compared to its average volume of 2,903,727. The firm has a market cap of $25.51 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. The stock has a 50 day simple moving average of $82.34 and a 200 day simple moving average of $79.94. iShares Core MSCI International Developed Markets ETF has a 52-week low of $61.11 and a 52-week high of $85.53.

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

Institutional investors have recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new position in shares of iShares Core MSCI International Developed Markets ETF in the 3rd quarter worth about $25,000. Brown Brothers Harriman & Co. raised its holdings in iShares Core MSCI International Developed Markets ETF by 11,466.7% in 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. Root Financial Partners LLC acquired a new position in iShares Core MSCI International Developed Markets ETF during the third quarter valued at approximately $41,000. Archer Investment Corp lifted its position in iShares Core MSCI International Developed Markets ETF by 134.8% during the second quarter. Archer Investment Corp now owns 836 shares of the company’s stock valued at $64,000 after buying an additional 480 shares in the last quarter. Finally, Ameriflex Group Inc. grew its stake in iShares Core MSCI International Developed Markets ETF by 2,216.3% during the third quarter. Ameriflex Group Inc. now owns 996 shares of the company’s stock worth $80,000 after buying an additional 953 shares during the period.

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.