Short Interest in BlackRock International Dividend ETF (NYSEARCA:BIDD) Decreases By 64.3%

BlackRock International Dividend ETF (NYSEARCA:BIDD) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 3,469 shares, a drop of 64.3% from the March 31st total of 9,713 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 37,286 shares, the days-to-cover ratio is currently 0.1 days.

BlackRock International Dividend ETF Stock Performance

Shares of NYSEARCA:BIDD traded up $0.41 during trading on Friday, reaching $30.55. The stock had a trading volume of 35,685 shares, compared to its average volume of 60,628. The business has a fifty day moving average price of $29.66 and a 200-day moving average price of $29.22. The stock has a market cap of $442.36 million, a PE ratio of 20.30 and a beta of 0.72. BlackRock International Dividend ETF has a 1-year low of $25.65 and a 1-year high of $31.49.

Hedge Funds Weigh In On BlackRock International Dividend ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC raised its position in BlackRock International Dividend ETF by 28.2% in the first quarter. Kestra Private Wealth Services LLC now owns 24,344 shares of the company’s stock valued at $692,000 after purchasing an additional 5,349 shares during the period. hemming& Wealth Management Inc. purchased a new stake in BlackRock International Dividend ETF in the fourth quarter valued at $3,192,000. Vertex Planning Partners LLC raised its position in BlackRock International Dividend ETF by 3.2% in the fourth quarter. Vertex Planning Partners LLC now owns 518,353 shares of the company’s stock valued at $14,939,000 after purchasing an additional 16,251 shares during the period. Kestra Advisory Services LLC raised its position in BlackRock International Dividend ETF by 7.6% in the fourth quarter. Kestra Advisory Services LLC now owns 145,746 shares of the company’s stock valued at $4,200,000 after purchasing an additional 10,281 shares during the period. Finally, OpenArc Corporate Advisory LLC purchased a new stake in BlackRock International Dividend ETF in the fourth quarter valued at $207,000.

About BlackRock International Dividend ETF

The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.