Short Interest in iShares MSCI BIC ETF (NYSEARCA:BKF) Expands By 3,920.4%

iShares MSCI BIC ETF (NYSEARCA:BKF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 26,655 shares, a growth of 3,920.4% from the December 15th total of 663 shares. Based on an average daily volume of 22,608 shares, the short-interest ratio is currently 1.2 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 22,608 shares, the short-interest ratio is currently 1.2 days.

iShares MSCI BIC ETF Stock Performance

Shares of NYSEARCA:BKF opened at $45.10 on Wednesday. The company has a 50-day simple moving average of $44.50 and a 200-day simple moving average of $43.83. iShares MSCI BIC ETF has a one year low of $34.69 and a one year high of $46.23. The stock has a market capitalization of $94.71 million, a price-to-earnings ratio of 14.95 and a beta of 0.38.

Institutional Trading of iShares MSCI BIC ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BKF. Abound Wealth Management acquired a new position in shares of iShares MSCI BIC ETF in the third quarter valued at approximately $29,000. Bank of America Corp DE lifted its holdings in shares of iShares MSCI BIC ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 24,342 shares of the company’s stock worth $1,101,000 after purchasing an additional 1,028 shares during the period. Allianz SE lifted its holdings in shares of iShares MSCI BIC ETF by 0.7% during the second 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 period. Benjamin Edwards Inc. grew its position in iShares MSCI BIC ETF by 8.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 31,391 shares of the company’s stock valued at $1,420,000 after buying an additional 2,408 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares MSCI BIC ETF in the 2nd quarter valued at $145,000.

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.