Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Decreases By 47.7%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 239,686 shares, a drop of 47.7% from the January 29th total of 458,517 shares. Based on an average daily trading volume, of 373,162 shares, the short-interest ratio is presently 0.6 days. Approximately 0.7% of the company’s stock are sold short. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 373,162 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position in shares of iShares Emerging Markets Dividend ETF by 42.1% during the second quarter. Bank of New York Mellon Corp now owns 221,610 shares of the company’s stock worth $6,349,000 after buying an additional 65,676 shares in the last quarter. Crestwood Advisors Group LLC lifted its stake in iShares Emerging Markets Dividend ETF by 3.0% in the second quarter. Crestwood Advisors Group LLC now owns 42,647 shares of the company’s stock worth $1,222,000 after acquiring an additional 1,254 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Emerging Markets Dividend ETF by 33.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 168,700 shares of the company’s stock worth $4,833,000 after acquiring an additional 42,113 shares in the last quarter. Crescent Grove Advisors LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 7.4% in the 2nd quarter. Crescent Grove Advisors LLC now owns 131,280 shares of the company’s stock valued at $3,761,000 after purchasing an additional 9,059 shares during the last quarter. Finally, Baird Financial Group Inc. increased its position in shares of iShares Emerging Markets Dividend ETF by 4.7% in the 2nd quarter. Baird Financial Group Inc. now owns 52,755 shares of the company’s stock valued at $1,511,000 after purchasing an additional 2,375 shares during the last quarter.

iShares Emerging Markets Dividend ETF Stock Performance

Shares of iShares Emerging Markets Dividend ETF stock traded up $0.08 during trading hours on Friday, reaching $35.19. 292,754 shares of the company were exchanged, compared to its average volume of 294,940. iShares Emerging Markets Dividend ETF has a 1 year low of $23.77 and a 1 year high of $35.59. The stock’s fifty day moving average is $33.27 and its 200 day moving average is $31.32. The firm has a market cap of $1.20 billion, a PE ratio of 7.78 and a beta of 0.65.

iShares Emerging Markets Dividend ETF Company Profile

The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of high-dividend-paying emerging markets companies. DVYE was launched on Feb 23, 2012 and is managed by BlackRock.