iShares International Select Dividend ETF (BATS:IDV) Sees Large Increase in Short Interest

iShares International Select Dividend ETF (BATS:IDV) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 856,488 shares, an increase of 140.4% from the October 15th total of 356,345 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 706,932 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On iShares International Select Dividend ETF

A number of hedge funds have recently made changes to their positions in IDV. Whittier Trust Co. purchased a new position in iShares International Select Dividend ETF in the third quarter valued at about $403,000. Alteri Wealth LLC lifted its position in shares of iShares International Select Dividend ETF by 2.5% during the third quarter. Alteri Wealth LLC now owns 52,439 shares of the company’s stock valued at $2,212,000 after buying an additional 1,283 shares during the last quarter. Colonial Trust Co SC lifted its position in shares of iShares International Select Dividend ETF by 10.3% during the third quarter. Colonial Trust Co SC now owns 2,656 shares of the company’s stock valued at $112,000 after buying an additional 248 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of iShares International Select Dividend ETF in the 3rd quarter valued at about $53,000. Finally, Centennial Bank AR boosted its holdings in shares of iShares International Select Dividend ETF by 59.5% in the 3rd quarter. Centennial Bank AR now owns 31,678 shares of the company’s stock valued at $1,336,000 after buying an additional 11,811 shares in the last quarter.

iShares International Select Dividend ETF Trading Down 0.1%

Shares of BATS IDV opened at $42.74 on Friday. iShares International Select Dividend ETF has a 12-month low of $36.94 and a 12-month high of $45.49. The stock’s fifty day simple moving average is $42.97 and its two-hundred day simple moving average is $43.32. The stock has a market capitalization of $6.60 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.