iShares International Select Dividend ETF (BATS:IDV) Short Interest Down 53.6% in June

iShares International Select Dividend ETF (BATS:IDV) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 141,909 shares, a decrease of 53.6% from the June 15th total of 305,660 shares. Based on an average daily volume of 1,130,576 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of hedge funds have recently modified their holdings of IDV. Ameriprise Financial Inc. boosted its stake in iShares International Select Dividend ETF by 1.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,947,824 shares of the company’s stock valued at $137,315,000 after buying an additional 43,708 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares International Select Dividend ETF by 32.3% during the second quarter. Captrust Financial Advisors now owns 91,688 shares of the company’s stock valued at $3,164,000 after acquiring an additional 22,361 shares during the period. Triumph Capital Management bought a new position in shares of iShares International Select Dividend ETF during the third quarter valued at $147,000. First Commonwealth Financial Corp PA increased its position in shares of iShares International Select Dividend ETF by 6.6% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 41,139 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,563 shares in the last quarter. Finally, IFP Advisors Inc increased its position in shares of iShares International Select Dividend ETF by 37.9% during the 3rd quarter. IFP Advisors Inc now owns 49,570 shares of the company’s stock worth $1,812,000 after purchasing an additional 13,619 shares in the last quarter.

iShares International Select Dividend ETF Stock Up 0.7%

Shares of IDV opened at $42.84 on Thursday. The company has a 50-day moving average price of $43.39 and a two-hundred day moving average price of $42.71. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 12 month low of $34.66 and a 12 month 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.