Short Interest in iShares International Select Dividend ETF (BATS:IDV) Grows By 1,874.5%

iShares International Select Dividend ETF (BATS:IDV) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,938,597 shares, an increase of 1,874.5% from the April 30th total of 98,180 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 874,412 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of institutional investors have recently added to or reduced their stakes in IDV. Strive Financial Group LLC acquired a new stake in iShares International Select Dividend ETF in the fourth quarter valued at $37,000. Bessemer Group Inc. acquired a new position in shares of iShares International Select Dividend ETF during the 1st quarter worth about $53,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares International Select Dividend ETF in the 4th quarter valued at about $73,000. Colonial Trust Advisors raised its holdings in shares of iShares International Select Dividend ETF by 43.9% in the 4th 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 period. Finally, NBT Bank N A NY lifted its stake in iShares International Select Dividend ETF by 4,489.7% in the 1st quarter. NBT Bank N A NY now owns 1,790 shares of the company’s stock valued at $76,000 after purchasing an additional 1,751 shares during the last quarter.

iShares International Select Dividend ETF Stock Performance

Shares of BATS IDV opened at $44.61 on Friday. The stock has a 50 day moving average price of $43.66 and a 200 day moving average price of $41.72. The stock has a market capitalization of $6.89 billion, a PE ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 52 week low of $33.37 and a 52 week high of $45.49.

About iShares International Select Dividend ETF

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.