iShares International Country Rotation Active ETF (NASDAQ:CORO) Short Interest Update

iShares International Country Rotation Active ETF (NASDAQ:CORO) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 2,732,937 shares, an increase of 675.1% from the May 14th total of 352,569 shares. Based on an average daily trading volume, of 11,266,261 shares, the short-interest ratio is presently 0.2 days. Approximately 2.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CORO. Parallel Advisors LLC purchased a new stake in shares of iShares International Country Rotation Active ETF in the 3rd quarter worth about $107,000. Beacon Financial Group acquired a new position in iShares International Country Rotation Active ETF during the first quarter worth about $11,501,000. Mosaic Advisors LLC acquired a new position in iShares International Country Rotation Active ETF during the first quarter worth about $838,000. Bank of New York Mellon Corp purchased a new stake in shares of iShares International Country Rotation Active ETF in the first quarter valued at about $15,945,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of iShares International Country Rotation Active ETF in the first quarter valued at about $85,000.

iShares International Country Rotation Active ETF Stock Up 3.1%

NASDAQ CORO traded up $1.10 during mid-day trading on Thursday, hitting $36.12. The stock had a trading volume of 607,169 shares, compared to its average volume of 2,167,055. The company has a 50 day simple moving average of $34.92 and a 200 day simple moving average of $33.23. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 28.57 and a beta of 0.63. iShares International Country Rotation Active ETF has a 52-week low of $27.40 and a 52-week high of $36.96.

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.