Short Interest in iShares International Country Rotation Active ETF (NASDAQ:CORO) Drops By 38.8%

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 250,372 shares, a drop of 38.8% from the July 30th total of 409,147 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 805,688 shares, the days-to-cover ratio is presently 0.3 days.

iShares International Country Rotation Active ETF Stock Performance

NASDAQ:CORO traded down $0.47 during trading on Tuesday, reaching $36.59. The company’s stock had a trading volume of 616,732 shares, compared to its average volume of 1,723,116. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 28.57 and a beta of 0.65. The firm has a 50 day moving average of $36.26 and a 200-day moving average of $35.08. iShares International Country Rotation Active ETF has a 12 month low of $28.93 and a 12 month high of $37.58.

iShares International Country Rotation Active ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, July 2nd were paid a dividend of $0.2976 per share. The ex-dividend date was Thursday, July 2nd.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

Several institutional investors have recently added to or reduced their stakes in CORO. Parallel Advisors LLC purchased a new stake in iShares International Country Rotation Active ETF during the third quarter worth about $107,000. Beacon Financial Group purchased a new position in iShares International Country Rotation Active ETF in the first quarter valued at about $11,501,000. Mosaic Advisors LLC purchased a new position in iShares International Country Rotation Active ETF in the first quarter valued at about $838,000. Bank of New York Mellon Corp bought a new position in shares of iShares International Country Rotation Active ETF during the 1st quarter valued at approximately $15,945,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of iShares International Country Rotation Active ETF during the 1st quarter valued at approximately $85,000.

About iShares International Country Rotation Active ETF

The iShares International Country Rotation Active ETF (CORO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in non-US companies. The fund targets nations with favorable economic outlooks by employing a country rotation strategy. CORO was launched on Dec 3, 2024 and is issued by BlackRock.