iShares International Select Dividend ETF (BATS:IDV) Sees Significant Decrease in Short Interest

iShares International Select Dividend ETF (BATS:IDV) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 92,587 shares, a drop of 87.8% from the July 30th total of 757,306 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 620,513 shares, the short-interest ratio is currently 0.1 days.

iShares International Select Dividend ETF Stock Performance

Shares of BATS:IDV traded down $0.24 on Thursday, hitting $44.69. 444,983 shares of the company were exchanged, compared to its average volume of 1,142,047. The company’s 50 day moving average price is $43.24 and its two-hundred day moving average price is $43.44. The firm has a market capitalization of $6.90 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. iShares International Select Dividend ETF has a one year low of $35.88 and a one year high of $45.49.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several large investors have recently added to or reduced their stakes in the company. Colonial Trust Advisors lifted its holdings in shares of iShares International Select Dividend ETF by 43.9% during the 4th quarter. Colonial Trust Advisors now owns 1,900 shares of the company’s stock worth $75,000 after acquiring an additional 580 shares during the period. Compass Financial Management LLC bought a new position in iShares International Select Dividend ETF in the second quarter valued at approximately $26,000. Vicus Capital increased its stake in iShares International Select Dividend ETF by 2.1% in the first quarter. Vicus Capital now owns 31,590 shares of the company’s stock valued at $1,344,000 after acquiring an additional 664 shares during the last quarter. Strive Financial Group LLC acquired a new position in iShares International Select Dividend ETF during the fourth quarter valued at approximately $37,000. Finally, Bessemer Group Inc. acquired a new position in iShares International Select Dividend ETF during the first quarter valued at approximately $53,000.

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.