iShares International Country Rotation Active ETF (NASDAQ:CORO) Sees Significant Decline in Short Interest

iShares International Country Rotation Active ETF (NASDAQ:CORO) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 109,338 shares, a decline of 58.0% from the August 31st total of 260,467 shares. Based on an average daily volume of 719,133 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

iShares International Country Rotation Active ETF Stock Performance

NASDAQ:CORO traded down $0.46 during trading on Monday, reaching $36.46. The company’s stock had a trading volume of 392,523 shares, compared to its average volume of 2,404,516. iShares International Country Rotation Active ETF has a 12 month low of $29.76 and a 12 month high of $37.66. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 28.57 and a beta of 0.66. The firm has a 50 day moving average of $36.61 and a 200-day moving average of $35.47.

iShares International Country Rotation Active ETF Announces Dividend

The company also recently declared a semiannual 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. This represents a dividend yield of 166.0%.

Hedge Funds Weigh In On iShares International Country Rotation Active ETF

Large investors have recently modified their holdings of the business. Bank of New York Mellon Corp purchased a new position in iShares International Country Rotation Active ETF during the 1st quarter valued at about $15,945,000. Arkadios Wealth Advisors bought a new position in shares of iShares International Country Rotation Active ETF in the first quarter valued at approximately $13,793,000. Beacon Financial Group purchased a new position in iShares International Country Rotation Active ETF during the first quarter valued at approximately $11,501,000. Redwood Investment Management LLC bought a new stake in iShares International Country Rotation Active ETF during the 1st quarter worth approximately $2,886,000. Finally, CoreCap Advisors LLC lifted its stake in iShares International Country Rotation Active ETF by 1,071.5% in the 2nd quarter. CoreCap Advisors LLC now owns 61,831 shares of the company’s stock worth $2,263,000 after purchasing an additional 56,553 shares in the last quarter.

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.