iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Down 47.7% in February

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 239,686 shares, a decrease of 47.7% from the January 29th total of 458,517 shares. Based on an average trading volume of 373,162 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 373,162 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

A number of large investors have recently added to or reduced their stakes in DVYE. Bank of New York Mellon Corp raised its stake in shares of iShares Emerging Markets Dividend ETF by 42.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 221,610 shares of the company’s stock valued at $6,349,000 after purchasing an additional 65,676 shares during the period. Crestwood Advisors Group LLC raised its position in iShares Emerging Markets Dividend ETF by 3.0% in the 2nd quarter. Crestwood Advisors Group LLC now owns 42,647 shares of the company’s stock valued at $1,222,000 after buying an additional 1,254 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Emerging Markets Dividend ETF by 33.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 168,700 shares of the company’s stock valued at $4,833,000 after acquiring an additional 42,113 shares in the last quarter. Crescent Grove Advisors LLC boosted its position in iShares Emerging Markets Dividend ETF by 7.4% during the 2nd quarter. Crescent Grove Advisors LLC now owns 131,280 shares of the company’s stock worth $3,761,000 after acquiring an additional 9,059 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of iShares Emerging Markets Dividend ETF by 4.7% during the 2nd quarter. Baird Financial Group Inc. now owns 52,755 shares of the company’s stock worth $1,511,000 after acquiring an additional 2,375 shares in the last quarter.

iShares Emerging Markets Dividend ETF Stock Performance

DVYE stock traded up $0.08 during mid-day trading on Friday, hitting $35.19. 292,754 shares of the company were exchanged, compared to its average volume of 294,940. iShares Emerging Markets Dividend ETF has a 1-year low of $23.77 and a 1-year high of $35.59. The firm’s 50 day simple moving average is $33.27 and its 200 day simple moving average is $31.33. The firm has a market cap of $1.20 billion, a P/E ratio of 7.78 and a beta of 0.65.

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.