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

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 550,200 shares, a decline of 86.1% from the February 28th total of 3,960,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,215,900 shares, the short-interest ratio is presently 0.2 days.

iShares Core MSCI Total International Stock ETF Stock Performance

Shares of IXUS stock traded up $0.16 during mid-day trading on Thursday, hitting $71.15. 364,864 shares of the stock traded hands, compared to its average volume of 2,049,179. The company’s 50-day simple moving average is $69.85 and its 200-day simple moving average is $69.44. iShares Core MSCI Total International Stock ETF has a twelve month low of $63.61 and a twelve month high of $73.53. The firm has a market cap of $40.63 billion, a price-to-earnings ratio of 16.28 and a beta of 0.85.

Institutional Trading of iShares Core MSCI Total International Stock ETF

A number of hedge funds have recently bought and sold shares of IXUS. Icon Wealth Advisors LLC raised its position in iShares Core MSCI Total International Stock ETF by 1.9% during the third quarter. Icon Wealth Advisors LLC now owns 8,444 shares of the company’s stock valued at $613,000 after acquiring an additional 161 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares Core MSCI Total International Stock ETF during the third quarter valued at about $39,326,000. FSA Wealth Management LLC acquired a new position in shares of iShares Core MSCI Total International Stock ETF in the 3rd quarter valued at $6,655,000. Integrated Wealth Concepts LLC lifted its position in shares of iShares Core MSCI Total International Stock ETF by 29.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 166,037 shares of the company’s stock worth $12,059,000 after buying an additional 37,907 shares during the period. Finally, IHT Wealth Management LLC grew its stake in iShares Core MSCI Total International Stock ETF by 5.3% during the third quarter. IHT Wealth Management LLC now owns 10,890 shares of the company’s stock worth $791,000 after buying an additional 548 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.