iShares International Dividend Growth ETF (BATS:IGRO) Sees Large Growth in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 34,484 shares, a growth of 178.2% from the September 15th total of 12,396 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 64,115 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Several large investors have recently added to or reduced their stakes in IGRO. Janney Montgomery Scott LLC grew its position in shares of iShares International Dividend Growth ETF by 3.5% during the first quarter. Janney Montgomery Scott LLC now owns 195,114 shares of the company’s stock worth $16,345,000 after acquiring an additional 6,566 shares during the last quarter. ADG Wealth Management Group LLC increased its holdings in shares of iShares International Dividend Growth ETF by 8.0% in the 1st quarter. ADG Wealth Management Group LLC now owns 62,883 shares of the company’s stock worth $5,268,000 after acquiring an additional 4,665 shares during the period. Sunbelt Securities Inc. lifted its position in iShares International Dividend Growth ETF by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 45,510 shares of the company’s stock valued at $3,812,000 after purchasing an additional 443 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares International Dividend Growth ETF by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,849 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares International Dividend Growth ETF by 11.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,508 shares of the company’s stock valued at $964,000 after purchasing an additional 1,143 shares during the last quarter.

iShares International Dividend Growth ETF Trading Up 0.8%

Shares of BATS IGRO opened at $89.51 on Wednesday. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. iShares International Dividend Growth ETF has a 12-month low of $78.79 and a 12-month high of $93.96. The stock’s 50 day simple moving average is $91.19 and its 200 day simple moving average is $89.10.

About iShares International Dividend Growth ETF

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.