Short Interest in iShares International Select Dividend ETF (BATS:IDV) Decreases By 64.6%

iShares International Select Dividend ETF (BATS:IDV) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 305,660 shares, a decrease of 64.6% from the May 31st total of 863,096 shares. Based on an average daily volume of 1,049,983 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its position in iShares International Select Dividend ETF by 8.2% during the 1st quarter. Bank of New York Mellon Corp now owns 2,872,140 shares of the company’s stock worth $122,238,000 after acquiring an additional 218,259 shares during the last quarter. Align Financial LLC purchased a new position in shares of iShares International Select Dividend ETF in the fourth quarter worth $3,771,000. SOA Wealth Advisors LLC. raised its holdings in iShares International Select Dividend ETF by 5,809.4% during the 4th quarter. SOA Wealth Advisors LLC. now owns 60,217 shares of the company’s stock valued at $2,376,000 after buying an additional 59,198 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in iShares International Select Dividend ETF by 6.5% during the 1st quarter. Arkadios Wealth Advisors now owns 807,215 shares of the company’s stock valued at $34,355,000 after buying an additional 49,561 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares International Select Dividend ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,058,871 shares of the company’s stock valued at $41,772,000 after buying an additional 49,313 shares during the last quarter.

iShares International Select Dividend ETF Stock Performance

IDV stock opened at $41.37 on Friday. The firm has a market cap of $6.39 billion, a P/E ratio of 10.09 and a beta of 0.76. The firm’s fifty day moving average is $43.92 and its 200 day moving average is $42.43. iShares International Select Dividend ETF has a 52 week low of $34.25 and a 52 week high of $45.49.

About iShares International Select Dividend ETF

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.