iShares Core High Dividend ETF (NYSEARCA:HDV) Short Interest Up 28.2% in February

iShares Core High Dividend ETF (NYSEARCA:HDV) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 546,503 shares, a growth of 28.2% from the February 12th total of 426,441 shares. Based on an average daily volume of 471,224 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 471,224 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of iShares Core High Dividend ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HDV. Rakuten Securities Inc. boosted its stake in shares of iShares Core High Dividend ETF by 101.9% during the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 109 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth $28,000. EPG Wealth Management LLC bought a new position in iShares Core High Dividend ETF in the 3rd quarter worth $40,000. EQ Wealth Advisors LLC bought a new position in iShares Core High Dividend ETF in the 4th quarter worth $40,000. Finally, Caitlin John LLC purchased a new position in iShares Core High Dividend ETF during the third quarter valued at $42,000.

iShares Core High Dividend ETF Price Performance

Shares of NYSEARCA:HDV traded up $0.60 during trading on Friday, hitting $135.82. The company’s stock had a trading volume of 658,633 shares, compared to its average volume of 823,621. The firm has a market cap of $13.18 billion, a price-to-earnings ratio of 18.55 and a beta of 0.64. The company has a 50-day moving average of $133.03 and a 200-day moving average of $125.71. iShares Core High Dividend ETF has a 12 month low of $106.00 and a 12 month high of $140.89.

About iShares Core High Dividend ETF

The iShares Core High Dividend ETF (HDV) is an exchange-traded fund that is based on the Morningstar Dividend Yield Focus index. The fund tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability. HDV was launched on Mar 29, 2011 and is managed by BlackRock.