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

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,819 shares, a decrease of 51.4% from the April 15th total of 3,743 shares. Based on an average trading volume of 8,314 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

iShares MSCI BIC ETF Trading Down 2.8%

BKF stock traded down $1.18 during trading on Friday, reaching $40.76. The stock had a trading volume of 123,922 shares, compared to its average volume of 11,851. iShares MSCI BIC ETF has a 52 week low of $39.51 and a 52 week high of $46.23. The stock’s 50 day moving average is $41.76 and its two-hundred day moving average is $43.58. The firm has a market cap of $87.63 million, a PE ratio of 14.95 and a beta of 0.42.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. HRT Financial LP bought a new position in iShares MSCI BIC ETF in the fourth quarter valued at about $212,000. Creative Planning bought a new position in iShares MSCI BIC ETF in the third quarter valued at about $201,000. Raymond James Financial Inc. bought a new position in iShares MSCI BIC ETF in the second quarter valued at about $145,000. Federation des caisses Desjardins du Quebec lifted its holdings in iShares MSCI BIC ETF by 308.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,073 shares of the company’s stock valued at $91,000 after acquiring an additional 1,565 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in iShares MSCI BIC ETF in the fourth quarter valued at about $30,000.

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.