iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Short Interest Down 54.5% in January

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 24,346 shares, a decrease of 54.5% from the January 15th total of 53,546 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 31,356 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 31,356 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

iShares Dow Jones U.S. ETF Trading Down 1.6%

Shares of NYSEARCA IYY traded down $2.73 during midday trading on Thursday, hitting $165.68. The company’s stock had a trading volume of 42,855 shares, compared to its average volume of 33,067. iShares Dow Jones U.S. ETF has a 12-month low of $116.99 and a 12-month high of $169.71. The firm has a market cap of $2.73 billion, a P/E ratio of 25.52 and a beta of 1.02. The business’s 50 day moving average is $167.36 and its two-hundred day moving average is $163.10.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of large investors have recently made changes to their positions in IYY. Franklin Resources Inc. purchased a new position in iShares Dow Jones U.S. ETF in the 3rd quarter worth about $32,000. AlphaCore Capital LLC bought a new position in iShares Dow Jones U.S. ETF in the 4th quarter worth about $50,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the fourth quarter worth approximately $52,000. Simplex Trading LLC bought a new stake in shares of iShares Dow Jones U.S. ETF during the second quarter valued at approximately $64,000. Finally, Financial Life Planners bought a new stake in shares of iShares Dow Jones U.S. ETF during the third quarter valued at approximately $80,000.

iShares Dow Jones U.S. ETF Company Profile

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.