iShares MSCI BIC ETF (NYSEARCA:BKF) Stock Short Interest Report for October

iShares MSCI BIC ETF (NYSEARCA:BKF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 733 shares, a growth of 120.8% from the September 30th total of 332 shares. Based on an average daily trading volume, of 2,223 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

iShares MSCI BIC ETF Stock Down 0.1%

NYSEARCA BKF traded down $0.05 on Friday, hitting $37.26. The stock had a trading volume of 1,284 shares, compared to its average volume of 9,891. The stock has a market cap of $63.34 million, a price-to-earnings ratio of 14.95 and a beta of 0.41. The company’s 50-day moving average is $39.56 and its two-hundred day moving average is $41.17. iShares MSCI BIC ETF has a one year low of $36.89 and a one year high of $46.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BKF. Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares MSCI BIC ETF during the third quarter worth $171,000. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI BIC ETF by 185.1% during the second quarter. Envestnet Asset Management Inc. now owns 61,718 shares of the company’s stock worth $2,391,000 after buying an additional 40,070 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of iShares MSCI BIC ETF by 62.5% in the 2nd quarter. Citadel Advisors LLC now owns 59,885 shares of the company’s stock valued at $2,320,000 after acquiring an additional 23,033 shares during the last quarter. Royal Bank of Canada increased its stake in iShares MSCI BIC ETF by 29.0% during the 1st quarter. Royal Bank of Canada now owns 7,862 shares of the company’s stock worth $320,000 after purchasing an additional 1,769 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of iShares MSCI BIC ETF during the 1st quarter worth about $37,000.

About iShares MSCI BIC ETF

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.