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 increase in short interest during the month of February. As of February 27th, there was short interest totaling 546,503 shares, an increase of 28.2% from the February 12th total of 426,441 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 471,224 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 471,224 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.6% of the company’s shares are sold short.

iShares Core High Dividend ETF Stock Performance

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Rakuten Securities Inc. increased its stake in shares of iShares Core High Dividend ETF by 101.9% during the second quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 109 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $28,000. EPG Wealth Management LLC bought a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth approximately $40,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 4th quarter worth approximately $40,000. Finally, Caitlin John LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter worth approximately $42,000.

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.