Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Decreases By 89.5%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 14,325 shares, a drop of 89.5% from the February 26th total of 137,049 shares. Based on an average trading volume of 311,398 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 311,398 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of institutional investors have recently bought and sold shares of the business. Triumph Capital Management bought a new stake in iShares Emerging Markets Dividend ETF in the 3rd quarter valued at $34,000. Captrust Financial Advisors bought a new position in shares of iShares Emerging Markets Dividend ETF during the 4th quarter worth about $202,000. Western Wealth Management LLC acquired a new stake in shares of iShares Emerging Markets Dividend ETF during the 3rd quarter valued at about $239,000. Ameriprise Financial Inc. boosted its position in shares of iShares Emerging Markets Dividend ETF by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock valued at $314,000 after acquiring an additional 414 shares in the last quarter. Finally, IHT Wealth Management LLC increased its stake in iShares Emerging Markets Dividend ETF by 7.0% in the fourth quarter. IHT Wealth Management LLC now owns 11,589 shares of the company’s stock valued at $361,000 after acquiring an additional 760 shares during the period.

iShares Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA:DVYE traded up $0.69 during trading on Wednesday, hitting $34.05. 120,685 shares of the stock were exchanged, compared to its average volume of 284,048. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 7.78 and a beta of 0.65. iShares Emerging Markets Dividend ETF has a 1-year low of $23.77 and a 1-year high of $35.59. The company’s fifty day simple moving average is $34.08 and its 200-day simple moving average is $31.83.

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.