iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Shares Shorted: Short Interest Up 90.4% in September

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 51,418 shares, a growth of 90.4% from the August 31st total of 27,006 shares. Based on an average daily trading volume, of 152,000 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DVYE. Highland Investment Advisors LLC acquired a new position in iShares Emerging Markets Dividend ETF during the second quarter worth approximately $68,000. Crescent Grove Advisors LLC boosted 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 valued at $5,200,000 after acquiring an additional 11,917 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares Emerging Markets Dividend ETF by 15.0% during the first quarter. Bank of New York Mellon Corp now owns 348,902 shares of the company’s stock worth $11,995,000 after acquiring an additional 45,576 shares during the last quarter. Millstone Evans Group LLC acquired a new position in shares of iShares Emerging Markets Dividend ETF in the 1st quarter valued at $29,000. Finally, Bogart Wealth LLC acquired a new position in shares of iShares Emerging Markets Dividend ETF in the 1st quarter valued at $34,000.

iShares Emerging Markets Dividend ETF Stock Down 0.2%

Shares of NYSEARCA:DVYE opened at $34.12 on Tuesday. The firm’s 50 day moving average price is $34.76 and its 200 day moving average price is $34.27. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a fifty-two week low of $28.63 and a fifty-two week high of $36.44.

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.