iShares MSCI BIC ETF (NYSEARCA:BKF) Short Interest Up 99.0% in June

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,540 shares, a growth of 99.0% from the May 31st total of 774 shares. Based on an average daily trading volume, of 19,570 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares MSCI BIC ETF Trading Up 1.0%

Shares of iShares MSCI BIC ETF stock traded up $0.39 during trading hours on Wednesday, reaching $39.12. The stock had a trading volume of 4,233 shares, compared to its average volume of 13,238. The stock’s 50 day moving average is $40.79 and its 200 day moving average is $42.47. iShares MSCI BIC ETF has a twelve month low of $38.39 and a twelve month high of $46.23. The firm has a market capitalization of $84.11 million, a PE ratio of 14.95 and a beta of 0.40.

Institutional Investors Weigh In On iShares MSCI BIC ETF

Institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new position in iShares MSCI BIC ETF during the fourth quarter worth $30,000. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI BIC ETF during the first quarter worth about $37,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares MSCI BIC ETF during the 4th quarter worth about $44,000. Federation des caisses Desjardins du Quebec lifted its stake in iShares MSCI BIC ETF by 308.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 2,073 shares of the company’s stock valued at $91,000 after buying an additional 1,565 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares MSCI BIC ETF in the 2nd quarter valued at about $145,000.

iShares MSCI BIC ETF Company Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (BRIC). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.