Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Declines By 92.7%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 27,006 shares, a decline of 92.7% from the August 15th total of 369,401 shares. Based on an average daily trading volume, of 125,327 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

iShares Emerging Markets Dividend ETF Price Performance

DVYE traded down $0.12 during trading on Thursday, hitting $36.04. 89,095 shares of the stock traded hands, compared to its average volume of 202,912. The firm has a market capitalization of $1.28 billion, a P/E ratio of 7.78 and a beta of 0.50. The firm has a 50-day moving average of $34.31 and a 200 day moving average of $34.25. iShares Emerging Markets Dividend ETF has a 12-month low of $28.63 and a 12-month high of $36.44.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of institutional investors have recently modified their holdings of DVYE. Millstone Evans Group LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF in the first quarter worth about $29,000. Bogart Wealth LLC purchased a new stake in iShares Emerging Markets Dividend ETF in the 1st quarter worth approximately $34,000. Triumph Capital Management purchased a new stake in iShares Emerging Markets Dividend ETF in the 3rd quarter worth approximately $34,000. Root Financial Partners LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF in the 1st quarter worth approximately $42,000. Finally, Highland Investment Advisors LLC bought a new stake in shares of iShares Emerging Markets Dividend ETF in the 2nd quarter worth approximately $68,000.

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.