iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sees Large Decrease in Short Interest

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 3,480,000 shares, a decline of 48.1% from the January 31st total of 6,710,000 shares. Based on an average daily volume of 1,819,900 shares, the days-to-cover ratio is presently 1.9 days.

iShares Core MSCI Total International Stock ETF Trading Down 0.2 %

Shares of NASDAQ IXUS traded down $0.14 during mid-day trading on Friday, hitting $69.67. The company had a trading volume of 18,198,621 shares, compared to its average volume of 1,992,731. The company has a market capitalization of $39.43 billion, a price-to-earnings ratio of 16.42 and a beta of 0.84. iShares Core MSCI Total International Stock ETF has a 1 year low of $63.61 and a 1 year high of $73.53. The stock’s 50-day moving average price is $68.10 and its 200-day moving average price is $69.29.

iShares Core MSCI Total International Stock ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.1817 per share. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Core MSCI Total International Stock ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mill Creek Capital Advisors LLC lifted its stake in iShares Core MSCI Total International Stock ETF by 11.3% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 4,713,670 shares of the company’s stock worth $311,762,000 after purchasing an additional 480,302 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Core MSCI Total International Stock ETF by 15.8% during the fourth quarter. Ameriprise Financial Inc. now owns 2,360,242 shares of the company’s stock worth $156,050,000 after purchasing an additional 322,239 shares during the last quarter. Fund Evaluation Group LLC bought a new stake in iShares Core MSCI Total International Stock ETF during the fourth quarter worth about $100,537,000. Janney Montgomery Scott LLC lifted its stake in iShares Core MSCI Total International Stock ETF by 1.1% during the third quarter. Janney Montgomery Scott LLC now owns 1,473,114 shares of the company’s stock worth $106,992,000 after purchasing an additional 16,113 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its stake in iShares Core MSCI Total International Stock ETF by 3.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,119,827 shares of the company’s stock worth $74,065,000 after purchasing an additional 35,713 shares during the last quarter.

About iShares Core MSCI Total International Stock ETF

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.