BlackRock International Dividend ETF (NYSEARCA:BIDD) Short Interest Up 1,237.2% in June

BlackRock International Dividend ETF (NYSEARCA:BIDD) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 32,909 shares, a growth of 1,237.2% from the June 15th total of 2,461 shares. Based on an average trading volume of 38,157 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

BlackRock International Dividend ETF Stock Down 0.1%

NYSEARCA:BIDD traded down $0.03 during midday trading on Friday, hitting $29.97. The company had a trading volume of 25,154 shares, compared to its average volume of 49,623. BlackRock International Dividend ETF has a 52-week low of $26.10 and a 52-week high of $32.48. The stock’s fifty day moving average price is $30.91 and its 200-day moving average price is $30.16. The company has a market capitalization of $414.78 million, a PE ratio of 20.30 and a beta of 0.70.

Hedge Funds Weigh In On BlackRock International Dividend ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BIDD. Advisory Services Network LLC bought a new position in shares of BlackRock International Dividend ETF during the 3rd quarter valued at about $36,000. Advocate Investing Services LLC purchased a new stake in BlackRock International Dividend ETF in the fourth quarter worth approximately $38,000. Avion Wealth purchased a new stake in BlackRock International Dividend ETF in the fourth quarter worth approximately $46,000. Geneos Wealth Management Inc. boosted its stake in BlackRock International Dividend ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 2,704 shares of the company’s stock worth $74,000 after buying an additional 1,352 shares in the last quarter. Finally, Spire Wealth Management bought a new position in BlackRock International Dividend ETF during the fourth quarter valued at approximately $86,000.

About BlackRock International Dividend ETF

The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.