Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Rises By 209.6%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 458,517 shares, an increase of 209.6% from the January 15th total of 148,091 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 289,367 shares, the short-interest ratio is currently 1.6 days. Based on an average daily trading volume, of 289,367 shares, the short-interest ratio is currently 1.6 days. Approximately 1.3% of the company’s shares are sold short.

iShares Emerging Markets Dividend ETF Price Performance

Shares of DVYE stock opened at $34.46 on Friday. The business has a 50-day moving average of $32.47 and a 200 day moving average of $30.90. iShares Emerging Markets Dividend ETF has a 1-year low of $23.77 and a 1-year high of $35.33. The stock has a market capitalization of $1.17 billion, a PE ratio of 7.78 and a beta of 0.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP raised its holdings in iShares Emerging Markets Dividend ETF by 4.3% during the 4th quarter. Marshall Wace LLP now owns 180,877 shares of the company’s stock valued at $5,636,000 after buying an additional 7,463 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 33.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 109,694 shares of the company’s stock valued at $3,418,000 after acquiring an additional 27,377 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Emerging Markets Dividend ETF by 69.8% in the fourth quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock valued at $8,635,000 after acquiring an additional 113,873 shares during the period. Crescent Grove Advisors LLC raised its stake in shares of iShares Emerging Markets Dividend ETF by 1.0% during the fourth quarter. Crescent Grove Advisors LLC now owns 139,341 shares of the company’s stock valued at $4,342,000 after acquiring an additional 1,347 shares during the last quarter. Finally, Western Wealth Management LLC boosted its holdings in shares of iShares Emerging Markets Dividend ETF by 17.0% during the fourth quarter. Western Wealth Management LLC now owns 9,413 shares of the company’s stock worth $293,000 after purchasing an additional 1,371 shares during the period.

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.