iShares International Select Dividend ETF (BATS:IDV) Sees Large Increase in Short Interest

iShares International Select Dividend ETF (BATS:IDV) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 856,488 shares, an increase of 140.4% from the October 15th total of 356,345 shares. Based on an average daily volume of 706,932 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the company’s shares are short sold.

iShares International Select Dividend ETF Stock Down 0.1%

IDV opened at $42.74 on Friday. The stock’s fifty day moving average is $42.97 and its two-hundred day moving average is $43.32. The company has a market capitalization of $6.60 billion, a P/E ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a 52 week low of $36.94 and a 52 week high of $45.49.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several institutional investors have recently made changes to their positions in IDV. Bank of New York Mellon Corp raised its holdings in shares of iShares International Select Dividend ETF by 8.2% in the first quarter. Bank of New York Mellon Corp now owns 2,872,140 shares of the company’s stock valued at $122,238,000 after acquiring an additional 218,259 shares in the last quarter. Heartwood Wealth Advisors LLC purchased a new position in iShares International Select Dividend ETF during the 3rd quarter valued at about $6,408,000. Fifth Third Wealth Advisors LLC purchased a new position in iShares International Select Dividend ETF during the 3rd quarter valued at about $3,026,000. Arkadios Wealth Advisors raised its holdings in shares of iShares International Select Dividend ETF by 6.5% in the 1st quarter. Arkadios Wealth Advisors now owns 807,215 shares of the company’s stock valued at $34,355,000 after purchasing an additional 49,561 shares in the last quarter. Finally, NFSG Corp bought a new stake in shares of iShares International Select Dividend ETF in the 3rd quarter valued at about $1,679,000.

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.