iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Down 33.5% in January

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 148,091 shares, a drop of 33.5% from the December 31st total of 222,804 shares. Based on an average daily volume of 211,303 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 211,303 shares, the days-to-cover ratio is presently 0.7 days.

iShares Emerging Markets Dividend ETF Price Performance

Shares of iShares Emerging Markets Dividend ETF stock traded down $0.89 during trading on Friday, hitting $33.93. The stock had a trading volume of 387,805 shares, compared to its average volume of 250,285. The stock has a market cap of $1.15 billion, a PE ratio of 7.78 and a beta of 0.65. iShares Emerging Markets Dividend ETF has a 12 month low of $23.77 and a 12 month high of $35.12. The firm’s fifty day simple moving average is $31.79 and its 200-day simple moving average is $30.53.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of hedge funds have recently made changes to their positions in DVYE. Triumph Capital Management purchased a new stake in iShares Emerging Markets Dividend ETF during the third quarter valued at approximately $34,000. Morgan Dempsey Capital Management LLC acquired a new stake in shares of iShares Emerging Markets Dividend ETF in the second quarter worth $53,000. Western Wealth Management LLC purchased a new position in shares of iShares Emerging Markets Dividend ETF during the 3rd quarter valued at about $239,000. Ameriprise Financial Inc. boosted its position in iShares Emerging Markets Dividend ETF by 4.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock worth $314,000 after purchasing an additional 414 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in iShares Emerging Markets Dividend ETF by 33.3% during the third quarter. Jones Financial Companies Lllp now owns 13,480 shares of the company’s stock worth $397,000 after buying an additional 3,364 shares in the last quarter.

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.