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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large decrease in short interest during the month of 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. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 170,808 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

A number of large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC raised its holdings in iShares Emerging Markets Dividend ETF by 44.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 158,519 shares of the company’s stock valued at $5,450,000 after acquiring an additional 48,825 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Emerging Markets Dividend ETF by 15.0% during the 1st 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. Crescent Grove Advisors LLC lifted its position 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 valued at $5,200,000 after acquiring an additional 11,917 shares during the period. Sound Income Strategies LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF during the 1st quarter valued at $139,000. Finally, Highland Investment Advisors LLC acquired a new stake in shares of iShares Emerging Markets Dividend ETF during the 2nd quarter worth $68,000.

iShares Emerging Markets Dividend ETF Stock Performance

iShares Emerging Markets Dividend ETF stock traded up $0.23 during midday trading on Monday, reaching $35.54. 35,380 shares of the company’s stock were exchanged, compared to its average volume of 197,354. iShares Emerging Markets Dividend ETF has a 52 week low of $29.02 and a 52 week high of $36.44. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 7.78 and a beta of 0.51. The stock’s 50-day simple moving average is $34.88 and its 200 day simple moving average is $34.32.

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.