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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 143,172 shares, a decrease of 54.3% from the July 15th total of 313,154 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 178,516 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DVYE. Marshall Wace LLP grew its holdings in iShares Emerging Markets Dividend ETF by 225.3% during the second quarter. Marshall Wace LLP now owns 169,742 shares of the company’s stock worth $4,863,000 after acquiring an additional 117,555 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Emerging Markets Dividend ETF by 69.8% during the fourth quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock worth $8,635,000 after buying an additional 113,873 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in iShares Emerging Markets Dividend ETF by 25.6% during the second quarter. NewEdge Advisors LLC now owns 256,538 shares of the company’s stock worth $7,350,000 after buying an additional 52,235 shares in the last quarter. Janney Montgomery Scott LLC grew its position in 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 worth $5,450,000 after buying an additional 48,825 shares during the last quarter. Finally, Bank of New York Mellon Corp grew 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 buying an additional 45,576 shares during the last quarter.

iShares Emerging Markets Dividend ETF Stock Down 0.3%

NYSEARCA DVYE traded down $0.09 on Friday, reaching $33.90. 110,293 shares of the stock traded hands, compared to its average volume of 213,719. The firm’s fifty day simple moving average is $33.37 and its 200 day simple moving average is $34.12. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a 12 month low of $28.63 and a 12 month high of $35.95.

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.