iShares International Select Dividend ETF (BATS:IDV) Short Interest Down 55.5% in May

iShares International Select Dividend ETF (BATS:IDV) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 863,096 shares, a decline of 55.5% from the May 14th total of 1,938,597 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 905,053 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Arkadios Wealth Advisors boosted its holdings in shares of iShares International Select Dividend ETF by 6.5% in the first quarter. Arkadios Wealth Advisors now owns 807,215 shares of the company’s stock valued at $34,355,000 after buying an additional 49,561 shares during the period. Empire Financial Management Company LLC acquired a new position in shares of iShares International Select Dividend ETF in the first quarter valued at approximately $207,000. Crescent Grove Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 6.2% in the first quarter. Crescent Grove Advisors LLC now owns 98,851 shares of the company’s stock valued at $4,207,000 after buying an additional 5,737 shares during the period. Centennial Bank AR boosted its holdings in shares of iShares International Select Dividend ETF by 304.4% in the first quarter. Centennial Bank AR now owns 19,765 shares of the company’s stock valued at $841,000 after buying an additional 14,878 shares during the period. Finally, Bessemer Group Inc. acquired a new position in shares of iShares International Select Dividend ETF in the first quarter valued at approximately $53,000.

iShares International Select Dividend ETF Stock Up 0.3%

BATS IDV traded up $0.14 during trading on Friday, reaching $44.60. 874,082 shares of the stock traded hands, compared to its average volume of 1,303,760. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. The stock’s 50-day moving average price is $44.20 and its 200 day moving average price is $42.17. iShares International Select Dividend ETF has a fifty-two week low of $33.37 and a fifty-two week high of $45.49.

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.