BlackRock International Dividend ETF (NYSEARCA:BIDD) Sees Large Decrease in Short Interest
by Teresa Graham · The Cerbat GemBlackRock International Dividend ETF (NYSEARCA:BIDD – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,144 shares, a drop of 93.5% from the June 30th total of 32,909 shares. Based on an average trading volume of 23,833 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
BlackRock International Dividend ETF Price Performance
Shares of NYSEARCA BIDD traded down $0.14 during trading on Friday, hitting $29.33. 102,301 shares of the company were exchanged, compared to its average volume of 48,171. BlackRock International Dividend ETF has a 1 year low of $26.10 and a 1 year high of $32.48. The company has a market cap of $405.93 million, a price-to-earnings ratio of 20.30 and a beta of 0.70. The firm’s fifty day moving average price is $30.60 and its 200 day moving average price is $30.21.
Institutional Trading of BlackRock International Dividend ETF
Several hedge funds and other institutional investors have recently made changes to their positions in BIDD. Advisory Services Network LLC purchased a new stake in BlackRock International Dividend ETF during the third quarter worth about $36,000. Advocate Investing Services LLC acquired a new position in BlackRock International Dividend ETF during the fourth quarter worth about $38,000. Avion Wealth purchased a new position in BlackRock International Dividend ETF in the fourth quarter valued at about $46,000. Geneos Wealth Management Inc. increased its holdings in BlackRock International Dividend ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 2,704 shares of the company’s stock valued at $74,000 after buying an additional 1,352 shares in the last quarter. Finally, Spire Wealth Management acquired a new stake in shares of BlackRock International Dividend ETF during the 4th quarter valued at approximately $86,000.
About BlackRock International Dividend ETF
The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.