iShares MSCI BIC ETF (NYSEARCA:BKF) Stock Short Interest Drops 36.4%

iShares MSCI BIC ETF (NYSEARCA:BKF) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 435 shares, a decline of 36.4% from the August 31st total of 684 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,150 shares, the days-to-cover ratio is presently 0.2 days.

iShares MSCI BIC ETF Price Performance

NYSEARCA:BKF opened at $38.91 on Thursday. iShares MSCI BIC ETF has a one year low of $38.39 and a one year high of $46.23. The company has a market cap of $66.15 million, a P/E ratio of 14.95 and a beta of 0.41. The firm’s fifty day moving average price is $40.33 and its two-hundred day moving average price is $40.58.

Institutional Investors Weigh In On iShares MSCI BIC ETF

A number of institutional investors have recently made changes to their positions in BKF. Fifth Third Bancorp acquired a new position in shares of iShares MSCI BIC ETF in the first quarter valued at approximately $37,000. Royal Bank of Canada lifted its holdings in 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 bought a new stake in iShares MSCI BIC ETF in the 1st quarter valued at $1,343,000. Citadel Advisors LLC boosted its stake in 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 period. Finally, Envestnet Asset Management Inc. grew its holdings in iShares MSCI BIC ETF by 185.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 61,718 shares of the company’s stock valued at $2,391,000 after buying an additional 40,070 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.