iShares Dow Jones U.S. ETF (NYSEARCA:IYY) Short Interest Update

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 20,475 shares, an increase of 65.5% from the February 26th total of 12,373 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 28,949 shares, the short-interest ratio is currently 0.7 days.

iShares Dow Jones U.S. ETF Price Performance

iShares Dow Jones U.S. ETF stock traded down $2.77 during midday trading on Friday, hitting $154.43. 55,213 shares of the stock were exchanged, compared to its average volume of 33,654. iShares Dow Jones U.S. ETF has a 1 year low of $116.99 and a 1 year high of $169.71. The firm has a market cap of $2.55 billion, a P/E ratio of 25.52 and a beta of 1.02. The company has a 50 day moving average price of $165.29 and a two-hundred day moving average price of $164.78.

Institutional Trading of iShares Dow Jones U.S. ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IYY. Aptus Capital Advisors LLC purchased a new position in iShares Dow Jones U.S. ETF in the fourth quarter valued at about $27,000. Franklin Resources Inc. acquired a new position in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at approximately $32,000. Arax Advisory Partners acquired a new position in shares of iShares Dow Jones U.S. ETF in the 4th quarter valued at approximately $47,000. AlphaCore Capital LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at approximately $50,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF during the 4th quarter valued at approximately $52,000.

About iShares Dow Jones U.S. ETF

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.