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

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

Institutional Investors Weigh In On iShares MSCI BIC ETF

A number of institutional investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its holdings in shares of iShares MSCI BIC ETF by 54.6% in the 4th quarter. TD Private Client Wealth LLC now owns 51,381 shares of the company’s stock valued at $2,251,000 after buying an additional 18,156 shares during the period. Benjamin Edwards Inc. grew its holdings in iShares MSCI BIC ETF by 29.0% during the fourth quarter. Benjamin Edwards Inc. now owns 40,480 shares of the company’s stock worth $1,773,000 after acquiring an additional 9,089 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares MSCI BIC ETF in the fourth quarter worth $44,000. Consolidated Portfolio Review Corp acquired a new stake in iShares MSCI BIC ETF in the third quarter valued at $316,000. Finally, Creative Planning acquired a new stake in iShares MSCI BIC ETF in the third quarter valued at $201,000.

iShares MSCI BIC ETF Stock Down 0.4%

Shares of iShares MSCI BIC ETF stock opened at $38.78 on Friday. iShares MSCI BIC ETF has a 52-week low of $38.39 and a 52-week high of $46.23. The company’s 50-day simple moving average is $40.62 and its 200-day simple moving average is $42.39. The firm has a market cap of $73.68 million, a price-to-earnings ratio of 14.95 and a beta of 0.41.

About iShares MSCI BIC ETF

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.