iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Significant Growth in Short Interest

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 369,401 shares, a growth of 158.0% from the July 30th total of 143,172 shares. Based on an average trading volume of 114,915 shares, the short-interest ratio is presently 3.2 days. Approximately 1.0% of the shares of the company are short sold.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of institutional investors have recently added to or reduced their stakes in DVYE. Janney Montgomery Scott LLC raised its holdings in shares of 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 grew its holdings 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 purchasing an additional 45,576 shares during the last quarter. Crescent Grove Advisors LLC increased its holdings in shares of 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 buying an additional 11,917 shares during the period. Millstone Evans Group LLC purchased a new position in iShares Emerging Markets Dividend ETF in the 1st quarter worth approximately $29,000. Finally, Bogart Wealth LLC purchased a new position in shares of iShares Emerging Markets Dividend ETF in the first quarter worth $34,000.

iShares Emerging Markets Dividend ETF Price Performance

NYSEARCA:DVYE opened at $34.99 on Friday. The business has a fifty day simple moving average of $33.65 and a two-hundred day simple moving average of $34.17. iShares Emerging Markets Dividend ETF has a 1 year low of $28.63 and a 1 year high of $35.95. The company has a market capitalization of $1.25 billion, a P/E ratio of 7.78 and a beta of 0.50.

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.