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

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 601,000 shares, a drop of 9.5% from the September 30th total of 664,300 shares. Based on an average daily volume of 1,163,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IXUS. Broadview Financial Management LLC grew its holdings in iShares Core MSCI Total International Stock ETF by 1.2% during the 2nd quarter. Broadview Financial Management LLC now owns 13,821 shares of the company’s stock valued at $934,000 after buying an additional 159 shares in the last quarter. Renasant Bank increased its holdings in iShares Core MSCI Total International Stock ETF by 0.9% during the 1st quarter. Renasant Bank now owns 19,198 shares of the company’s stock worth $1,303,000 after purchasing an additional 169 shares during the period. Madison Park Capital Advisors LLC lifted its stake in iShares Core MSCI Total International Stock ETF by 6.3% in the third quarter. Madison Park Capital Advisors LLC now owns 3,903 shares of the company’s stock worth $284,000 after acquiring an additional 232 shares during the period. Cozad Asset Management Inc. boosted its stake in shares of iShares Core MSCI Total International Stock ETF by 2.5% during the first quarter. Cozad Asset Management Inc. now owns 10,496 shares of the company’s stock valued at $712,000 after purchasing an additional 260 shares in the last quarter. Finally, Vicus Capital increased its holdings in shares of iShares Core MSCI Total International Stock ETF by 1.2% in the 3rd quarter. Vicus Capital now owns 22,266 shares of the company’s stock valued at $1,617,000 after acquiring an additional 266 shares during the period.

iShares Core MSCI Total International Stock ETF Trading Down 0.6 %

iShares Core MSCI Total International Stock ETF stock traded down $0.39 on Wednesday, hitting $69.79. 1,301,864 shares of the stock traded hands, compared to its average volume of 1,427,371. iShares Core MSCI Total International Stock ETF has a 1 year low of $57.56 and a 1 year high of $73.53. The business’s fifty day simple moving average is $70.84 and its 200 day simple moving average is $69.04. The firm has a market cap of $38.24 billion, a P/E ratio of 13.97 and a beta of 0.84.

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.