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

iShares MSCI BIC ETF (NYSEARCA:BKF) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 40,638 shares, an increase of 31.1% from the January 15th total of 30,993 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 11,069 shares, the days-to-cover ratio is currently 3.7 days. Based on an average daily trading volume, of 11,069 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.9% of the company’s stock are sold short.

iShares MSCI BIC ETF Stock Performance

Shares of BKF opened at $44.40 on Tuesday. The firm has a market cap of $93.24 million, a PE ratio of 14.95 and a beta of 0.38. The firm’s 50 day moving average price is $44.55 and its 200 day moving average price is $44.36. iShares MSCI BIC ETF has a twelve month low of $34.69 and a twelve month high of $46.23.

Institutional Trading of iShares MSCI BIC ETF

Large investors have recently made changes to their positions in the stock. Abound Wealth Management acquired a new stake in iShares MSCI BIC ETF in the 3rd quarter worth approximately $29,000. Kestra Advisory Services LLC acquired a new stake in shares of iShares MSCI BIC ETF in the fourth quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares MSCI BIC ETF in the fourth quarter worth about $44,000. Bank of America Corp DE boosted its stake in iShares MSCI BIC ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 24,342 shares of the company’s stock valued at $1,101,000 after purchasing an additional 1,028 shares during the period. Finally, Federation des caisses Desjardins du Quebec grew its holdings in iShares MSCI BIC ETF by 308.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 2,073 shares of the company’s stock valued at $91,000 after buying an additional 1,565 shares during 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.