iShares Core Dividend ETF (BATS:DIVB) Shares Shorted: Short Interest Up 735.2% in October

iShares Core Dividend ETF (BATS:DIVB – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 216,273 shares, a growth of 735.2% from the September 30th total of 25,894 shares. Based on an average daily volume of 344,933 shares, the short-interest ratio is currently 0.6 days. Currently, 1.2% of the shares of the stock are sold short.

iShares Core Dividend ETF Price Performance

BATS DIVB opened at $70.04 on Thursday. The firm has a market cap of $1.29 billion, a PE ratio of 17.52 and a beta of 0.94. iShares Core Dividend ETF has a one year low of $50.58 and a one year high of $71.64. The stock’s 50 day simple moving average is $67.81 and its 200 day simple moving average is $61.08.

Hedge Funds Weigh In On iShares Core Dividend ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DIVB. Signaturefd LLC acquired a new stake in iShares Core Dividend ETF during the 3rd quarter worth $32,000. Alpine Bank Wealth Management acquired a new position in shares of iShares Core Dividend ETF in the 3rd quarter valued at $47,000. Capital Analysts LLC lifted its stake in shares of iShares Core Dividend ETF by 821.1% in the 2nd quarter. Capital Analysts LLC now owns 2,966 shares of the company’s stock valued at $183,000 after purchasing an additional 2,644 shares during the period. Partners Wealth Management LLC acquired a new position in shares of iShares Core Dividend ETF in the 3rd quarter valued at $218,000. Finally, Trilogy Capital Inc. bought a new position in shares of iShares Core Dividend ETF in the 2nd quarter worth $210,000.

About iShares Core Dividend ETF

(Get Free Report)

The iShares U.S. Dividend and Buyback ETF (DIVB) is an exchange-traded fund that is based on the Morningstar US Dividend and Buyback index. The fund tracks an index of all-cap US stocks that have a history of dividend payments and\u002For share buybacks. DIVB was launched on Nov 7, 2017 and is managed by BlackRock.

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