iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Up 65.4% in May

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 89,536 shares, an increase of 65.4% from the April 30th total of 54,144 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 100,863 shares, the days-to-cover ratio is presently 0.9 days.

iShares Emerging Markets Dividend ETF Stock Up 0.2%

iShares Emerging Markets Dividend ETF stock opened at $34.40 on Friday. The business has a 50-day simple moving average of $34.72 and a two-hundred day simple moving average of $33.45. The company has a market cap of $1.29 billion, a P/E ratio of 7.78 and a beta of 0.49. iShares Emerging Markets Dividend ETF has a 52-week low of $27.73 and a 52-week high of $35.95.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raelipskie Partnership raised its stake in iShares Emerging Markets Dividend ETF by 1.6% during the 4th quarter. Raelipskie Partnership now owns 21,540 shares of the company’s stock worth $671,000 after acquiring an additional 340 shares during the period. Vantage Financial Partners LLC grew its position in shares of iShares Emerging Markets Dividend ETF by 1.4% during the fourth quarter. Vantage Financial Partners LLC now owns 30,270 shares of the company’s stock worth $943,000 after purchasing an additional 412 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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. IHT Wealth Management LLC lifted its holdings in iShares Emerging Markets Dividend ETF by 7.0% in the 4th quarter. IHT Wealth Management LLC now owns 11,589 shares of the company’s stock worth $361,000 after purchasing an additional 760 shares in the last quarter. Finally, Millstone Evans Group LLC purchased a new position in iShares Emerging Markets Dividend ETF in the 1st quarter worth approximately $29,000.

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.