iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Up 400.6% in December

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 258,882 shares, an increase of 400.6% from the November 30th total of 51,719 shares. Based on an average daily volume of 154,118 shares, the short-interest ratio is presently 1.7 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 154,118 shares, the short-interest ratio is presently 1.7 days.

iShares Emerging Markets Dividend ETF Stock Up 0.5%

Shares of NYSEARCA:DVYE traded up $0.16 during midday trading on Friday, hitting $31.20. The stock had a trading volume of 91,928 shares, compared to its average volume of 157,735. The company has a market cap of $995.28 million, a P/E ratio of 7.78 and a beta of 0.65. iShares Emerging Markets Dividend ETF has a 12 month low of $23.77 and a 12 month high of $31.93. The business’s 50-day simple moving average is $30.85 and its 200-day simple moving average is $29.83.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DVYE. Triumph Capital Management acquired a new stake in iShares Emerging Markets Dividend ETF in the 3rd quarter valued at about $34,000. Morgan Dempsey Capital Management LLC bought a new stake in iShares Emerging Markets Dividend ETF in the second quarter valued at approximately $53,000. Western Wealth Management LLC bought a new stake in iShares Emerging Markets Dividend ETF in the third quarter valued at approximately $239,000. Ameriprise Financial Inc. lifted its position in shares of iShares Emerging Markets Dividend ETF by 4.1% in the third quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock valued at $314,000 after buying an additional 414 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares Emerging Markets Dividend ETF by 33.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,480 shares of the company’s stock worth $397,000 after acquiring an additional 3,364 shares during the period.

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.