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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 143,172 shares, a drop of 54.3% from the July 15th total of 313,154 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 178,516 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DVYE. Bank of New York Mellon Corp lifted its position in iShares Emerging Markets Dividend ETF by 15.0% in the 1st quarter. Bank of New York Mellon Corp now owns 348,902 shares of the company’s stock valued at $11,995,000 after acquiring an additional 45,576 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Emerging Markets Dividend ETF by 69.8% during the 4th quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock worth $8,635,000 after purchasing an additional 113,873 shares in the last quarter. NewEdge Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 1.6% during the 3rd quarter. NewEdge Advisors LLC now owns 260,621 shares of the company’s stock worth $7,738,000 after purchasing an additional 4,083 shares in the last quarter. Argent Advisors Inc. raised its stake in shares of iShares Emerging Markets Dividend ETF by 0.9% in the 1st quarter. Argent Advisors Inc. now owns 235,524 shares of the company’s stock valued at $8,097,000 after purchasing an additional 1,992 shares during the period. Finally, Marshall Wace LLP raised its stake in shares of iShares Emerging Markets Dividend ETF by 4.3% in the 4th quarter. Marshall Wace LLP now owns 180,877 shares of the company’s stock valued at $5,636,000 after purchasing an additional 7,463 shares during the period.

iShares Emerging Markets Dividend ETF Price Performance

DVYE traded down $0.09 during trading on Friday, reaching $33.90. The company had a trading volume of 110,293 shares, compared to its average volume of 213,719. The company has a market cap of $1.21 billion, a P/E ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a 12 month low of $28.63 and a 12 month high of $35.95. The business’s fifty day moving average price is $33.37 and its 200 day moving average price is $34.12.

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.