iShares International Select Dividend ETF (BATS:IDV) Short Interest Up 318.5% in August

iShares International Select Dividend ETF (BATS:IDV) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 387,463 shares, a growth of 318.5% from the August 15th total of 92,587 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 598,906 shares, the days-to-cover ratio is currently 0.6 days.

iShares International Select Dividend ETF Stock Performance

Shares of IDV stock opened at $44.97 on Monday. The firm has a fifty day moving average of $44.02 and a 200-day moving average of $43.55. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 52-week low of $35.90 and a 52-week high of $45.49.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several large investors have recently modified their holdings of the stock. Colonial Trust Advisors grew its stake in iShares International Select Dividend ETF by 43.9% in the fourth quarter. Colonial Trust Advisors now owns 1,900 shares of the company’s stock valued at $75,000 after acquiring an additional 580 shares during the period. Compass Financial Management LLC acquired a new stake in shares of iShares International Select Dividend ETF during the second quarter worth about $26,000. Vicus Capital raised its position in shares of iShares International Select Dividend ETF by 2.1% during the first quarter. Vicus Capital now owns 31,590 shares of the company’s stock worth $1,344,000 after purchasing an additional 664 shares during the period. Cahill Financial Advisors Inc. lifted its holdings in shares of iShares International Select Dividend ETF by 3.8% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 25,091 shares of the company’s stock valued at $1,040,000 after purchasing an additional 922 shares in the last quarter. Finally, Strive Financial Group LLC bought a new position in shares of iShares International Select Dividend ETF during the 4th quarter valued at about $37,000.

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.