iShares MSCI BIC ETF (NYSEARCA:BKF) Stock Short Interest Report for October

iShares MSCI BIC ETF (NYSEARCA:BKF) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 733 shares, a growth of 120.8% from the September 30th total of 332 shares. Based on an average trading volume of 2,223 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

iShares MSCI BIC ETF Stock Down 0.1%

Shares of BKF stock traded down $0.05 on Friday, reaching $37.26. The company’s stock had a trading volume of 1,284 shares, compared to its average volume of 9,891. iShares MSCI BIC ETF has a 12-month low of $36.89 and a 12-month high of $46.14. The stock’s 50 day simple moving average is $39.56 and its 200-day simple moving average is $41.17. The company has a market capitalization of $63.34 million, a P/E ratio of 14.95 and a beta of 0.41.

Hedge Funds Weigh In On iShares MSCI BIC ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC increased its position in shares of iShares MSCI BIC ETF by 62.5% during the second quarter. Citadel Advisors LLC now owns 59,885 shares of the company’s stock valued at $2,320,000 after acquiring an additional 23,033 shares in the last quarter. Quantum Portfolio Management LLC bought a new position in iShares MSCI BIC ETF during the first quarter valued at approximately $1,343,000. Envestnet Asset Management Inc. grew its position in iShares MSCI BIC ETF by 185.1% in the second quarter. Envestnet Asset Management Inc. now owns 61,718 shares of the company’s stock worth $2,391,000 after acquiring an additional 40,070 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI BIC ETF during the 3rd quarter worth about $171,000. Finally, Royal Bank of Canada raised its stake in shares of iShares MSCI BIC ETF by 29.0% during the first quarter. Royal Bank of Canada now owns 7,862 shares of the company’s stock valued at $320,000 after acquiring an additional 1,769 shares in the last quarter.

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.