Short Interest in iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Declines By 48.1%

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

iShares Core MSCI Total International Stock ETF Stock Performance

Shares of iShares Core MSCI Total International Stock ETF stock opened at $69.67 on Friday. iShares Core MSCI Total International Stock ETF has a one year low of $63.61 and a one year high of $73.53. The company has a market cap of $39.43 billion, a price-to-earnings ratio of 16.42 and a beta of 0.84. The business’s 50 day moving average price is $68.03 and its 200 day moving average price is $69.26.

iShares Core MSCI Total International Stock ETF Dividend Announcement

The business also recently disclosed 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

A number of institutional investors have recently added to or reduced their stakes in IXUS. Strategic Blueprint LLC increased its stake in iShares Core MSCI Total International Stock ETF by 6.1% during the third quarter. Strategic Blueprint LLC now owns 5,155 shares of the company’s stock worth $374,000 after acquiring an additional 295 shares during the last quarter. Janney Montgomery Scott LLC increased 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 acquiring an additional 16,113 shares during the last quarter. Cozad Asset Management Inc. increased its stake in iShares Core MSCI Total International Stock ETF by 2.2% during the third quarter. Cozad Asset Management Inc. now owns 10,756 shares of the company’s stock worth $781,000 after acquiring an additional 235 shares during the last quarter. Connable Office Inc. increased its stake in iShares Core MSCI Total International Stock ETF by 0.9% during the third quarter. Connable Office Inc. now owns 198,214 shares of the company’s stock worth $14,396,000 after acquiring an additional 1,672 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC increased its stake in iShares Core MSCI Total International Stock ETF by 2.3% during the third quarter. Mill Creek Capital Advisors LLC now owns 4,233,368 shares of the company’s stock worth $307,470,000 after acquiring an additional 93,647 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.