BlackRock International Dividend ETF (NYSEARCA:BIDD) Sees Significant Drop in Short Interest

BlackRock International Dividend ETF (NYSEARCA:BIDD) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,839 shares, a decline of 92.2% from the February 26th total of 23,484 shares. Based on an average daily volume of 51,802 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 51,802 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On BlackRock International Dividend ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in BlackRock International Dividend ETF by 3.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,111,051 shares of the company’s stock worth $59,078,000 after purchasing an additional 75,251 shares in the last quarter. Bank of America Corp DE boosted its position in shares of BlackRock International Dividend ETF by 48.3% during the second quarter. Bank of America Corp DE now owns 1,788,674 shares of the company’s stock worth $48,795,000 after buying an additional 582,246 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of BlackRock International Dividend ETF by 74.9% during the second quarter. Ameriprise Financial Inc. now owns 522,118 shares of the company’s stock worth $14,227,000 after buying an additional 223,600 shares in the last quarter. Vertex Planning Partners LLC grew its holdings in shares of BlackRock International Dividend ETF by 3.2% during the fourth quarter. Vertex Planning Partners LLC now owns 518,353 shares of the company’s stock worth $14,939,000 after buying an additional 16,251 shares in the last quarter. Finally, CFS Investment Advisory Services LLC raised its position in BlackRock International Dividend ETF by 6.1% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 276,101 shares of the company’s stock valued at $7,944,000 after buying an additional 15,811 shares during the last quarter.

BlackRock International Dividend ETF Price Performance

BIDD traded down $0.21 during trading on Tuesday, reaching $28.21. The company had a trading volume of 26,427 shares, compared to its average volume of 65,179. The company has a market cap of $440.08 million, a P/E ratio of 20.30 and a beta of 1.10. BlackRock International Dividend ETF has a 12 month low of $22.66 and a 12 month high of $31.49. The business’s fifty day moving average price is $30.10 and its 200 day moving average price is $28.99.

BlackRock International Dividend ETF Company Profile

The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.