Short Interest in iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Drops By 86.1%

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 550,200 shares, a decrease of 86.1% from the February 28th total of 3,960,000 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,215,900 shares, the days-to-cover ratio is currently 0.2 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of IXUS. Icon Wealth Advisors LLC raised its position in shares of iShares Core MSCI Total International Stock ETF by 1.9% during the 3rd quarter. Icon Wealth Advisors LLC now owns 8,444 shares of the company’s stock valued at $613,000 after buying an additional 161 shares during the period. Harbor Investment Advisory LLC increased its stake in iShares Core MSCI Total International Stock ETF by 3.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 5,164 shares of the company’s stock worth $342,000 after acquiring an additional 184 shares during the last quarter. Horan Securities Inc. raised its position in iShares Core MSCI Total International Stock ETF by 1.8% in the fourth quarter. Horan Securities Inc. now owns 11,051 shares of the company’s stock valued at $731,000 after purchasing an additional 194 shares during the period. Mitchell Capital Management Co. lifted its stake in shares of iShares Core MSCI Total International Stock ETF by 2.8% in the 4th quarter. Mitchell Capital Management Co. now owns 8,175 shares of the company’s stock valued at $541,000 after purchasing an additional 225 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC lifted its stake in shares of iShares Core MSCI Total International Stock ETF by 1.6% in the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 14,517 shares of the company’s stock valued at $960,000 after purchasing an additional 228 shares during the last quarter.

iShares Core MSCI Total International Stock ETF Stock Performance

Shares of NASDAQ IXUS traded down $0.80 during trading on Wednesday, hitting $70.99. 1,478,584 shares of the company were exchanged, compared to its average volume of 2,079,633. The company has a fifty day moving average price of $69.85 and a 200-day moving average price of $69.44. The firm has a market capitalization of $40.54 billion, a PE ratio of 16.28 and a beta of 0.85. iShares Core MSCI Total International Stock ETF has a 12-month low of $63.61 and a 12-month high of $73.53.

iShares Core MSCI Total International Stock ETF Company Profile

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.