iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Up 400.6% in December

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 258,882 shares, a growth of 400.6% from the November 30th total of 51,719 shares. Based on an average daily trading volume, of 154,118 shares, the short-interest ratio is currently 1.7 days. Currently, 0.8% of the shares of the stock are short sold. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 154,118 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its stake in shares of iShares Emerging Markets Dividend ETF by 4.1% during the third quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock valued at $314,000 after acquiring an additional 414 shares during the last quarter. Lowe Wealth Advisors LLC grew its stake in shares of iShares Emerging Markets Dividend ETF by 2.2% in the second quarter. Lowe Wealth Advisors LLC now owns 22,725 shares of the company’s stock worth $651,000 after purchasing an additional 500 shares during the last quarter. Triumph Capital Management acquired a new stake in iShares Emerging Markets Dividend ETF in the third quarter valued at $34,000. Crestwood Advisors Group LLC raised its position in iShares Emerging Markets Dividend ETF by 3.0% during the 2nd quarter. Crestwood Advisors Group LLC now owns 42,647 shares of the company’s stock worth $1,222,000 after purchasing an additional 1,254 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC acquired a new position in iShares Emerging Markets Dividend ETF during the 2nd quarter worth about $53,000.

iShares Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA:DVYE opened at $31.20 on Friday. The company has a market capitalization of $995.28 million, a PE ratio of 7.78 and a beta of 0.65. The company has a fifty day moving average of $30.89 and a 200-day moving average of $29.85. iShares Emerging Markets Dividend ETF has a 52-week low of $23.77 and a 52-week high of $31.93.

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.