iShares International Select Dividend ETF (BATS:IDV) Short Interest Update

iShares International Select Dividend ETF (BATS:IDV) was the recipient of a large drop in short interest during 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. Based on an average daily volume of 1,130,576 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in iShares International Select Dividend ETF by 8.2% during the first quarter. Bank of New York Mellon Corp now owns 2,872,140 shares of the company’s stock worth $122,238,000 after acquiring an additional 218,259 shares during the last quarter. Align Financial LLC purchased a new stake in iShares International Select Dividend ETF during the fourth quarter valued at approximately $3,771,000. SOA Wealth Advisors LLC. lifted its stake in shares of iShares International Select Dividend ETF by 5,809.4% in the 4th quarter. SOA Wealth Advisors LLC. now owns 60,217 shares of the company’s stock valued at $2,376,000 after purchasing an additional 59,198 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of iShares International Select Dividend ETF by 6.5% in the 1st quarter. Arkadios Wealth Advisors now owns 807,215 shares of the company’s stock valued at $34,355,000 after purchasing an additional 49,561 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares International Select Dividend ETF by 4.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,058,871 shares of the company’s stock valued at $41,772,000 after purchasing an additional 49,313 shares during the last quarter.

iShares International Select Dividend ETF Trading Up 0.9%

IDV stock opened at $42.54 on Wednesday. The stock has a 50-day moving average price of $43.43 and a 200-day moving average price of $42.69. iShares International Select Dividend ETF has a 1-year low of $34.66 and a 1-year high of $45.49. The firm has a market cap of $6.57 billion, a PE ratio of 10.09 and a beta of 0.76.

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.