iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Shares Shorted: Short Interest Down 68.5% in September

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 16,186 shares, a decrease of 68.5% from the September 15th total of 51,418 shares. Based on an average daily volume of 170,808 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Several institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its holdings in iShares Emerging Markets Dividend ETF by 44.5% during the first quarter. Janney Montgomery Scott LLC now owns 158,519 shares of the company’s stock worth $5,450,000 after acquiring an additional 48,825 shares during the period. Bank of New York Mellon Corp boosted its position 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 worth $11,995,000 after purchasing an additional 45,576 shares during the last quarter. Crescent Grove Advisors LLC boosted its position in iShares Emerging Markets Dividend ETF by 8.6% in the first 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 last quarter. Sound Income Strategies LLC purchased a new position in iShares Emerging Markets Dividend ETF in the first quarter worth $139,000. Finally, Highland Investment Advisors LLC bought a new position in iShares Emerging Markets Dividend ETF in the 2nd quarter valued at $68,000.

iShares Emerging Markets Dividend ETF Stock Performance

NYSEARCA:DVYE traded up $0.19 on Tuesday, hitting $35.74. The stock had a trading volume of 57,747 shares, compared to its average volume of 196,675. The stock has a market cap of $1.23 billion, a P/E ratio of 7.78 and a beta of 0.51. iShares Emerging Markets Dividend ETF has a 1 year low of $29.02 and a 1 year high of $36.44. The firm’s fifty day simple moving average is $34.94 and its two-hundred day simple moving average is $34.35.

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.