iShares International Select Dividend ETF (BATS:IDV) Short Interest Update

iShares International Select Dividend ETF (BATS:IDV) was the recipient of a large increase in short interest in 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. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 874,412 shares, the short-interest ratio is presently 2.2 days.

Institutional Investors Weigh In On iShares International Select Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IDV. Strive Financial Group LLC acquired a new position in iShares International Select Dividend ETF during the 4th quarter worth approximately $37,000. Bessemer Group Inc. acquired a new stake in iShares International Select Dividend ETF in the first quarter valued at $53,000. NBT Bank N A NY grew its position in shares of 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 acquiring an additional 1,751 shares during the period. Hilton Head Capital Partners LLC acquired a new position in shares of iShares International Select Dividend ETF during the 4th quarter worth about $73,000. Finally, 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.

iShares International Select Dividend ETF Price Performance

IDV stock traded down $0.46 during trading hours on Wednesday, reaching $44.74. 704,149 shares of the stock were exchanged, compared to its average volume of 1,341,770. The firm’s 50-day moving average is $43.57 and its 200-day moving average is $41.62. iShares International Select Dividend ETF has a 12 month low of $33.37 and a 12 month high of $45.49. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76.

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.