iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Update

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 148,091 shares, a decrease of 33.5% from the December 31st total of 222,804 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 211,303 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 211,303 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DVYE. Janney Montgomery Scott LLC lifted its position in iShares Emerging Markets Dividend ETF by 34.8% during the second quarter. Janney Montgomery Scott LLC now owns 32,513 shares of the company’s stock worth $932,000 after buying an additional 8,389 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Emerging Markets Dividend ETF by 42.1% in the second quarter. Bank of New York Mellon Corp now owns 221,610 shares of the company’s stock valued at $6,349,000 after purchasing an additional 65,676 shares during the period. Winnow Wealth LLC purchased a new stake in iShares Emerging Markets Dividend ETF in the third quarter valued at approximately $633,000. Morgan Dempsey Capital Management LLC acquired a new position in iShares Emerging Markets Dividend ETF during the second quarter worth approximately $53,000. Finally, 10Elms LLP raised its stake in iShares Emerging Markets Dividend ETF by 8.7% during the third quarter. 10Elms LLP now owns 26,106 shares of the company’s stock worth $775,000 after purchasing an additional 2,100 shares during the period.

iShares Emerging Markets Dividend ETF Trading Down 2.6%

Shares of NYSEARCA DVYE traded down $0.89 during midday trading on Friday, reaching $33.93. 387,805 shares of the stock were exchanged, compared to its average volume of 250,285. The stock has a 50 day moving average price of $31.79 and a 200-day moving average price of $30.54. The company has a market capitalization of $1.15 billion, a P/E ratio of 7.78 and a beta of 0.65. iShares Emerging Markets Dividend ETF has a 52-week low of $23.77 and a 52-week high of $35.12.

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.