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

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 4,800,000 shares, an increase of 698.7% from the October 15th total of 601,000 shares. Based on an average daily volume of 1,078,000 shares, the short-interest ratio is presently 4.5 days.

iShares Core MSCI Total International Stock ETF Stock Performance

Shares of NASDAQ IXUS traded up $0.22 during trading on Thursday, hitting $68.15. 713,922 shares of the company traded hands, compared to its average volume of 1,431,484. The business’s fifty day moving average is $70.64 and its 200 day moving average is $69.30. The firm has a market capitalization of $37.34 billion, a price-to-earnings ratio of 13.97 and a beta of 0.84. iShares Core MSCI Total International Stock ETF has a fifty-two week low of $61.42 and a fifty-two week high of $73.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cozad Asset Management Inc. lifted its holdings in shares of iShares Core MSCI Total International Stock ETF by 2.5% in the 1st quarter. Cozad Asset Management Inc. now owns 10,496 shares of the company’s stock worth $712,000 after purchasing an additional 260 shares in the last quarter. Tradewinds LLC. bought a new stake in shares of iShares Core MSCI Total International Stock ETF during the first quarter worth about $241,000. Renasant Bank raised its holdings in shares of iShares Core MSCI Total International Stock ETF by 0.9% in the 1st quarter. Renasant Bank now owns 19,198 shares of the company’s stock worth $1,303,000 after acquiring an additional 169 shares during the last quarter. RFP Financial Group LLC boosted its stake in iShares Core MSCI Total International Stock ETF by 2.8% during the 1st quarter. RFP Financial Group LLC now owns 154,556 shares of the company’s stock valued at $10,488,000 after purchasing an additional 4,161 shares during the last quarter. Finally, ESL Trust Services LLC acquired a new position in iShares Core MSCI Total International Stock ETF during the 1st quarter valued at about $108,000.

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.