iShares MSCI BIC ETF (NYSEARCA:BKF) Shares Shorted: Short Interest Up 120.8% in October

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 733 shares, a growth of 120.8% from the September 30th total of 332 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,223 shares, the days-to-cover ratio is currently 0.3 days.

iShares MSCI BIC ETF Stock Down 0.1%

Shares of BKF stock traded down $0.05 during trading hours on Friday, hitting $37.26. 1,285 shares of the company’s stock traded hands, compared to its average volume of 9,893. The stock has a market cap of $63.34 million, a price-to-earnings ratio of 14.95 and a beta of 0.41. iShares MSCI BIC ETF has a 12-month low of $36.89 and a 12-month high of $46.14. The stock’s fifty day simple moving average is $39.49 and its two-hundred day simple moving average is $41.13.

Institutional Investors Weigh In On iShares MSCI BIC ETF

Several large investors have recently bought and sold shares of BKF. Fifth Third Bancorp bought a new stake in shares of iShares MSCI BIC ETF during the first quarter valued at approximately $37,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares MSCI BIC ETF during the 3rd quarter valued at about $171,000. Royal Bank of Canada raised its position in shares of iShares MSCI BIC ETF by 29.0% during the 1st quarter. Royal Bank of Canada now owns 7,862 shares of the company’s stock worth $320,000 after purchasing an additional 1,769 shares during the last quarter. Quantum Portfolio Management LLC purchased a new stake in shares of iShares MSCI BIC ETF in the first quarter valued at approximately $1,343,000. Finally, Citadel Advisors LLC lifted its stake in shares of iShares MSCI BIC ETF by 62.5% in the 2nd quarter. Citadel Advisors LLC now owns 59,885 shares of the company’s stock valued at $2,320,000 after purchasing an additional 23,033 shares during the last quarter.

iShares MSCI BIC ETF Company Profile

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.