BlackRock International Dividend ETF (NYSEARCA:BIDD) Short Interest Up 71.5% in July

BlackRock International Dividend ETF (NYSEARCA:BIDD) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,677 shares, a growth of 71.5% from the July 15th total of 2,144 shares. Based on an average daily volume of 27,705 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. hemming& Wealth Management Inc. acquired a new stake in BlackRock International Dividend ETF in the fourth quarter worth about $3,192,000. Diversify Wealth Management LLC increased its holdings in shares of BlackRock International Dividend ETF by 405.5% during the first quarter. Diversify Wealth Management LLC now owns 38,718 shares of the company’s stock valued at $1,155,000 after acquiring an additional 31,058 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of BlackRock International Dividend ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 935,756 shares of the company’s stock valued at $26,604,000 after acquiring an additional 79,521 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of BlackRock International Dividend ETF in the 1st quarter valued at approximately $610,000. Finally, Cornerstone Planning Group LLC raised its position in shares of BlackRock International Dividend ETF by 30.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 8,651 shares of the company’s stock valued at $266,000 after purchasing an additional 2,014 shares during the last quarter.

BlackRock International Dividend ETF Trading Down 1.7%

Shares of BIDD stock traded down $0.54 during trading hours on Tuesday, reaching $30.52. 8,907 shares of the company’s stock were exchanged, compared to its average volume of 45,914. The stock’s 50 day moving average is $30.16 and its 200-day moving average is $30.27. The company has a market cap of $417.51 million, a price-to-earnings ratio of 20.30 and a beta of 0.70. BlackRock International Dividend ETF has a fifty-two week low of $26.77 and a fifty-two week high of $32.48.

BlackRock International Dividend ETF Company Profile

The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.