Short Interest in iShares International Select Dividend ETF (BATS:IDV) Decreases By 72.8%

iShares International Select Dividend ETF (BATS:IDV) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 98,180 shares, a drop of 72.8% from the April 15th total of 360,847 shares. Based on an average daily volume of 924,036 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. boosted its position in shares of iShares International Select Dividend ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 3,947,824 shares of the company’s stock worth $137,315,000 after buying an additional 43,708 shares during the period. Captrust Financial Advisors boosted its stake in shares of iShares International Select Dividend ETF by 32.3% during the 2nd quarter. Captrust Financial Advisors now owns 91,688 shares of the company’s stock worth $3,164,000 after acquiring an additional 22,361 shares in the last quarter. TD Private Client Wealth LLC increased its position in iShares International Select Dividend ETF by 33.9% during the third quarter. TD Private Client Wealth LLC now owns 413,985 shares of the company’s stock worth $15,131,000 after buying an additional 104,721 shares during the last quarter. Leavell Investment Management Inc. raised its stake in shares of iShares International Select Dividend ETF by 1.8% in the third quarter. Leavell Investment Management Inc. now owns 24,038 shares of the company’s stock valued at $879,000 after acquiring an additional 430 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in iShares International Select Dividend ETF by 5.8% in the 3rd quarter. Arkadios Wealth Advisors now owns 718,900 shares of the company’s stock valued at $26,276,000 after acquiring an additional 39,121 shares in the last quarter.

iShares International Select Dividend ETF Trading Up 0.1%

Shares of IDV traded up $0.05 during midday trading on Wednesday, reaching $44.87. 926,492 shares of the company were exchanged, compared to its average volume of 1,378,347. The stock has a 50-day moving average price of $43.03 and a 200-day moving average price of $41.09. The company has a market cap of $6.93 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 1-year low of $32.69 and a 1-year high of $45.03.

iShares International Select Dividend ETF Company Profile

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.