iShares MSCI BIC ETF (NYSEARCA:BKF) Short Interest Update

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 26,655 shares, an increase of 3,920.4% from the December 15th total of 663 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average trading volume of 22,608 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 22,608 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.3% of the company’s stock are short sold.

Institutional Trading of iShares MSCI BIC ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP grew its position in iShares MSCI BIC ETF by 14.6% in the 3rd quarter. Susquehanna International Group LLP now owns 80,220 shares of the company’s stock worth $3,628,000 after purchasing an additional 10,221 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares MSCI BIC ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 24,342 shares of the company’s stock valued at $1,101,000 after buying an additional 1,028 shares during the period. Creative Planning purchased a new position in shares of iShares MSCI BIC ETF in the 3rd quarter worth $201,000. Consolidated Portfolio Review Corp bought a new stake in shares of iShares MSCI BIC ETF in the third quarter worth $316,000. Finally, Allianz SE grew its holdings in shares of iShares MSCI BIC ETF by 1.9% in the third quarter. Allianz SE now owns 297,584 shares of the company’s stock worth $13,460,000 after acquiring an additional 5,532 shares during the period.

iShares MSCI BIC ETF Price Performance

NYSEARCA:BKF traded up $0.88 during mid-day trading on Monday, hitting $45.60. 6,718 shares of the company’s stock were exchanged, compared to its average volume of 9,627. The company has a market cap of $95.76 million, a PE ratio of 14.95 and a beta of 0.38. iShares MSCI BIC ETF has a one year low of $34.69 and a one year high of $46.23. The business has a fifty day moving average price of $44.49 and a 200 day moving average price of $43.80.

iShares MSCI BIC ETF Company Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (BRIC). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.