iShares International Select Dividend ETF (BATS:IDV) Short Interest Down 53.6% in June

iShares International Select Dividend ETF (BATS:IDV) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 141,909 shares, a drop of 53.6% from the June 15th total of 305,660 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,130,576 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IDV. Strive Financial Group LLC bought a new position in shares of iShares International Select Dividend ETF in the 4th quarter worth $37,000. Bessemer Group Inc. purchased a new position in iShares International Select Dividend ETF in the first quarter valued at about $53,000. Hilton Head Capital Partners LLC purchased a new position in iShares International Select Dividend ETF in the fourth quarter valued at about $73,000. Colonial Trust Advisors grew its stake in iShares International Select Dividend ETF by 43.9% in the fourth quarter. Colonial Trust Advisors now owns 1,900 shares of the company’s stock valued at $75,000 after purchasing an additional 580 shares during the last quarter. Finally, NBT Bank N A NY raised its holdings in iShares International Select Dividend ETF by 4,489.7% in the first quarter. NBT Bank N A NY now owns 1,790 shares of the company’s stock worth $76,000 after purchasing an additional 1,751 shares in the last quarter.

iShares International Select Dividend ETF Stock Up 0.2%

Shares of BATS:IDV opened at $42.16 on Tuesday. The firm has a 50 day moving average of $43.46 and a 200 day moving average of $42.67. The company has a market capitalization of $6.51 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 52 week low of $34.66 and a 52 week high of $45.49.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones World Developed-Ex.