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

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

iShares Emerging Markets Dividend ETF Stock Down 0.2%

Shares of iShares Emerging Markets Dividend ETF stock opened at $34.12 on Tuesday. iShares Emerging Markets Dividend ETF has a 52-week low of $28.63 and a 52-week high of $36.44. The company’s 50-day simple moving average is $34.76 and its 200-day simple moving average is $34.27. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 7.78 and a beta of 0.50.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC boosted its stake in shares of iShares Emerging Markets Dividend ETF by 44.5% in the first quarter. Janney Montgomery Scott LLC now owns 158,519 shares of the company’s stock valued at $5,450,000 after buying an additional 48,825 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Emerging Markets Dividend ETF by 15.0% in the first quarter. Bank of New York Mellon Corp now owns 348,902 shares of the company’s stock valued at $11,995,000 after acquiring an additional 45,576 shares during the period. Highland Investment Advisors LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF during the 2nd quarter worth $68,000. Crescent Grove Advisors LLC grew its stake in shares of iShares Emerging Markets Dividend ETF by 8.6% during the 1st quarter. Crescent Grove Advisors LLC now owns 151,258 shares of the company’s stock worth $5,200,000 after purchasing an additional 11,917 shares during the period. Finally, Argent Advisors Inc. grew its stake in shares of iShares Emerging Markets Dividend ETF by 0.9% during the 1st quarter. Argent Advisors Inc. now owns 235,524 shares of the company’s stock worth $8,097,000 after purchasing an additional 1,992 shares during the period.

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.