iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Significant Decrease in Short Interest

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 16,186 shares, a decrease of 68.5% from the September 15th total of 51,418 shares. Based on an average daily volume of 170,808 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Millstone Evans Group LLC acquired a new stake in iShares Emerging Markets Dividend ETF in the first quarter valued at approximately $29,000. Rosenberg Matthew Hamilton bought a new stake in iShares Emerging Markets Dividend ETF in the third quarter worth approximately $29,000. Bogart Wealth LLC acquired a new position in shares of iShares Emerging Markets Dividend ETF during the 1st quarter worth $34,000. Root Financial Partners LLC acquired a new position in shares of iShares Emerging Markets Dividend ETF during the 1st quarter worth $42,000. Finally, Highland Investment Advisors LLC acquired a new position in shares of iShares Emerging Markets Dividend ETF during the 2nd quarter worth $68,000.

iShares Emerging Markets Dividend ETF Stock Down 0.9%

Shares of DVYE traded down $0.30 during midday trading on Wednesday, reaching $35.44. 51,798 shares of the stock were exchanged, compared to its average volume of 195,927. iShares Emerging Markets Dividend ETF has a 12-month low of $29.32 and a 12-month high of $36.44. The firm has a 50 day simple moving average of $34.94 and a 200-day simple moving average of $34.35. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 7.78 and a beta of 0.51.

About iShares Emerging Markets Dividend ETF

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.