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

iShares MSCI BIC ETF (NYSEARCA:BKF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 684 shares, a drop of 40.1% from the August 15th total of 1,141 shares. Based on an average trading volume of 3,185 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

iShares MSCI BIC ETF Price Performance

Shares of BKF stock traded down $0.51 during trading hours on Wednesday, hitting $39.05. The company had a trading volume of 9,108 shares, compared to its average volume of 10,633. The company’s fifty day moving average is $40.41 and its 200 day moving average is $40.81. iShares MSCI BIC ETF has a fifty-two week low of $38.39 and a fifty-two week high of $46.23. The stock has a market capitalization of $41.39 million, a PE ratio of 14.95 and a beta of 0.41.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC lifted its stake in iShares MSCI BIC ETF by 62.5% during the second quarter. Citadel Advisors LLC now owns 59,885 shares of the company’s stock worth $2,320,000 after purchasing an additional 23,033 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of iShares MSCI BIC ETF by 29.0% in the 1st quarter. Royal Bank of Canada now owns 7,862 shares of the company’s stock valued at $320,000 after buying an additional 1,769 shares during the period. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI BIC ETF in the 1st quarter valued at $37,000. Quantum Portfolio Management LLC acquired a new position in iShares MSCI BIC ETF in the 1st quarter valued at about $1,343,000. Finally, Allianz SE grew its holdings in shares of iShares MSCI BIC ETF by 1.9% in the fourth quarter. Allianz SE now owns 303,229 shares of the company’s stock valued at $13,284,000 after purchasing an additional 5,645 shares in the last quarter.

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.