iShares Russell 1000 Value Index (NYSE:IWD) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totalling 598,710 shares, a drop of 54.9% from the June 15th total of 1,328,428 shares. Based on an average trading volume of 2,846,259 shares, the days-to-cover ratio is presently 0.2 days.

iShares Russell 1000 Value Index (NYSE IWD) opened at 116.91 on Thursday. The firm’s 50 day moving average is $116.06 and its 200 day moving average is $114.97. iShares Russell 1000 Value Index has a 1-year low of $102.07 and a 1-year high of $121.24.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were given a dividend of $0.7172 per share. This is an increase from iShares Russell 1000 Value Index’s previous quarterly dividend of $0.58. This represents a $2.87 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend was Thursday, July 6th.

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About iShares Russell 1000 Value Index

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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