iShares MSCI BIC ETF (NYSEARCA:BKF) Short Interest Down 73.9% in December

iShares MSCI BIC ETF (NYSEARCA:BKF) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 663 shares, a drop of 73.9% from the November 30th total of 2,545 shares. Based on an average daily volume of 5,821 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,821 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares MSCI BIC ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. TD Private Client Wealth LLC increased its position in shares of iShares MSCI BIC ETF by 231.4% during the second quarter. TD Private Client Wealth LLC now owns 33,346 shares of the company’s stock worth $1,382,000 after purchasing an additional 23,285 shares in the last quarter. Allianz SE boosted its stake in iShares MSCI BIC ETF by 0.7% during the 2nd quarter. Allianz SE now owns 292,052 shares of the company’s stock worth $12,108,000 after purchasing an additional 2,049 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares MSCI BIC ETF by 231.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 33,346 shares of the company’s stock worth $1,382,000 after purchasing an additional 23,285 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of iShares MSCI BIC ETF by 14.6% in the third quarter. Susquehanna International Group LLP now owns 80,220 shares of the company’s stock valued at $3,628,000 after buying an additional 10,221 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position in iShares MSCI BIC ETF by 15.5% during the second quarter. Benjamin Edwards Inc. now owns 28,983 shares of the company’s stock worth $1,202,000 after acquiring an additional 3,899 shares during the last quarter.

iShares MSCI BIC ETF Stock Performance

Shares of BKF stock traded down $0.06 on Thursday, reaching $43.92. 7,920 shares of the company were exchanged, compared to its average volume of 10,652. iShares MSCI BIC ETF has a 1 year low of $34.69 and a 1 year high of $46.23. The business has a 50-day moving average price of $44.69 and a 200 day moving average price of $43.46. The company has a market cap of $87.84 million, a price-to-earnings ratio of 14.95 and a beta of 0.38.

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.