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

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 239,686 shares, a drop of 47.7% from the January 29th total of 458,517 shares. Based on an average trading volume of 373,162 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the shares of the stock are sold short. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 373,162 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Several large investors have recently added to or reduced their stakes in DVYE. Marshall Wace LLP grew its position in iShares Emerging Markets Dividend ETF by 225.3% in the 2nd quarter. Marshall Wace LLP now owns 169,742 shares of the company’s stock valued at $4,863,000 after purchasing an additional 117,555 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Emerging Markets Dividend ETF by 69.8% during the 4th quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock valued at $8,635,000 after purchasing an additional 113,873 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Emerging Markets Dividend ETF by 42.1% in the second quarter. Bank of New York Mellon Corp now owns 221,610 shares of the company’s stock valued at $6,349,000 after acquiring an additional 65,676 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares Emerging Markets Dividend ETF by 25.6% in 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 during the last quarter. Finally, Benchmark Investment Advisors LLC bought a new position in iShares Emerging Markets Dividend ETF during the third quarter worth about $1,445,000.

iShares Emerging Markets Dividend ETF Price Performance

Shares of DVYE opened at $35.11 on Friday. iShares Emerging Markets Dividend ETF has a one year low of $23.77 and a one year high of $35.59. The company has a market cap of $1.19 billion, a P/E ratio of 7.78 and a beta of 0.65. The firm has a 50 day simple moving average of $33.18 and a two-hundred day simple moving average of $31.27.

About iShares Emerging Markets Dividend ETF

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.