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

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 40,638 shares, a growth of 31.1% from the January 15th total of 30,993 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily volume of 11,069 shares, the short-interest ratio is currently 3.7 days. Based on an average daily volume of 11,069 shares, the short-interest ratio is currently 3.7 days. Approximately 1.9% of the company’s stock are sold short.

iShares MSCI BIC ETF Stock Performance

BKF opened at $44.40 on Monday. iShares MSCI BIC ETF has a one year low of $34.69 and a one year high of $46.23. The stock has a market capitalization of $93.24 million, a P/E ratio of 14.95 and a beta of 0.38. The business’s 50-day simple moving average is $44.54 and its 200-day simple moving average is $44.34.

Institutional Investors Weigh In On iShares MSCI BIC ETF

Several large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI BIC ETF by 231.4% during the second quarter. Envestnet Asset Management Inc. now owns 33,346 shares of the company’s stock worth $1,382,000 after acquiring an additional 23,285 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in iShares MSCI BIC ETF by 54.6% during the 4th quarter. TD Private Client Wealth LLC now owns 51,381 shares of the company’s stock worth $2,251,000 after purchasing an additional 18,156 shares during the period. Susquehanna International Group LLP boosted its stake in iShares MSCI BIC ETF by 14.6% during 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. Benjamin Edwards Inc. grew its position in iShares MSCI BIC ETF by 29.0% during the 4th quarter. Benjamin Edwards Inc. now owns 40,480 shares of the company’s stock worth $1,773,000 after purchasing an additional 9,089 shares during the last quarter. Finally, Consolidated Portfolio Review Corp acquired a new position in iShares MSCI BIC ETF in the third quarter valued at $316,000.

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.