BlackRock International Dividend ETF (NYSEARCA:BIDD) Sees Significant Decrease in Short Interest

BlackRock International Dividend ETF (NYSEARCA:BIDD) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,461 shares, a drop of 44.7% from the May 31st total of 4,448 shares. Based on an average trading volume of 39,537 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Private Trust Co. NA lifted its position in BlackRock International Dividend ETF by 11.8% during the fourth quarter. Private Trust Co. NA now owns 4,734 shares of the company’s stock worth $136,000 after acquiring an additional 500 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of BlackRock International Dividend ETF by 5.0% in the first quarter. NewEdge Advisors LLC now owns 12,559 shares of the company’s stock valued at $325,000 after purchasing an additional 602 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of BlackRock International Dividend ETF by 3.9% during the second quarter. Orion Porfolio Solutions LLC now owns 23,183 shares of the company’s stock worth $632,000 after purchasing an additional 866 shares during the period. Muirfield Wealth Advisors LLC increased its stake in shares of BlackRock International Dividend ETF by 3.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 32,290 shares of the company’s stock worth $931,000 after purchasing an additional 1,100 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in BlackRock International Dividend ETF during the 3rd quarter worth approximately $36,000.

BlackRock International Dividend ETF Trading Down 1.2%

Shares of NYSEARCA:BIDD traded down $0.37 on Wednesday, hitting $29.65. The company had a trading volume of 35,425 shares, compared to its average volume of 50,843. The stock has a market cap of $426.96 million, a price-to-earnings ratio of 20.30 and a beta of 0.70. The stock has a 50 day moving average price of $30.96 and a 200 day moving average price of $30.09. BlackRock International Dividend ETF has a 1-year low of $26.10 and a 1-year high of $32.48.

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.