iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Short Interest Up 64.1% in December

iShares Core Dividend Growth ETF (NYSEARCA:DGRO) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 840,730 shares, a growth of 64.1% from the November 30th total of 512,215 shares. Based on an average daily volume of 1,805,975 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,805,975 shares, the short-interest ratio is presently 0.5 days.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock remained flat at $70.18 during midday trading on Friday. The company had a trading volume of 1,087,994 shares, compared to its average volume of 1,838,352. The firm has a market capitalization of $35.62 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. The business has a 50-day simple moving average of $68.92 and a 200-day simple moving average of $66.98. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $70.61.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Proathlete Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $25,000. Tortoise Investment Management LLC raised its position in shares of iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after acquiring an additional 179 shares in the last quarter. Rise Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Private Wealth Asset Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the second quarter worth approximately $28,000. Finally, Group One Trading LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $28,000.

About iShares Core Dividend Growth ETF

The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund that is based on the Morningstar US Dividend Growth index. The fund tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. DGRO was launched on Jun 10, 2014 and is managed by BlackRock.