iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Shares Shorted: Short Interest Up 90.4% in September

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 51,418 shares, an increase of 90.4% from the August 31st total of 27,006 shares. Based on an average daily trading volume, of 152,000 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Millstone Evans Group LLC purchased a new stake in iShares Emerging Markets Dividend ETF in the first quarter valued at $29,000. Bogart Wealth LLC purchased a new position in shares of iShares Emerging Markets Dividend ETF during the 1st quarter worth $34,000. Root Financial Partners LLC acquired a new stake in shares of iShares Emerging Markets Dividend ETF during the 1st quarter worth about $42,000. Crescent Grove Advisors LLC increased its position in shares of iShares Emerging Markets Dividend ETF by 1.0% during the 4th quarter. Crescent Grove Advisors LLC now owns 139,341 shares of the company’s stock worth $4,342,000 after purchasing an additional 1,347 shares during the last quarter. Finally, Argent Advisors Inc. raised its holdings in iShares Emerging Markets Dividend ETF by 0.9% in the 1st quarter. Argent Advisors Inc. now owns 235,524 shares of the company’s stock valued at $8,097,000 after buying an additional 1,992 shares during the period.

iShares Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA DVYE traded up $0.07 during midday trading on Wednesday, reaching $34.00. 498,885 shares of the stock were exchanged, compared to its average volume of 202,685. The company has a 50 day simple moving average of $34.77 and a 200 day simple moving average of $34.27. The stock has a market capitalization of $1.19 billion, a P/E ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a twelve month low of $28.63 and a twelve month high of $36.44.

About iShares Emerging Markets Dividend ETF

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.