iShares Core High Dividend ETF (NYSEARCA:HDV) Short Interest Update

iShares Core High Dividend ETF (NYSEARCA:HDV) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 937,708 shares, an increase of 316.5% from the April 15th total of 225,119 shares. Based on an average daily volume of 2,225,468 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of iShares Core High Dividend ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Core High Dividend ETF in the first quarter worth $26,000. Rakuten Securities Inc. increased its stake in iShares Core High Dividend ETF by 101.9% in the 2nd quarter. Rakuten Securities Inc. now owns 216 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 109 shares during the last quarter. Laurel Wealth Advisors LLC bought a new position in iShares Core High Dividend ETF in the 4th quarter worth about $28,000. EPG Wealth Management LLC purchased a new stake in shares of iShares Core High Dividend ETF in the 3rd quarter valued at about $40,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of iShares Core High Dividend ETF during the 4th quarter valued at about $40,000.

iShares Core High Dividend ETF Price Performance

Shares of HDV traded up $0.02 during midday trading on Friday, hitting $27.33. 1,854,011 shares of the company traded hands, compared to its average volume of 3,676,744. The stock has a 50-day moving average of $26.94 and a 200-day moving average of $25.88. iShares Core High Dividend ETF has a one year low of $22.82 and a one year high of $28.18. The firm has a market cap of $13.54 billion, a P/E ratio of 18.55 and a beta of 0.54.

iShares Core High Dividend ETF Company Profile

The iShares Core High Dividend ETF (HDV) is an exchange-traded fund that is based on the Morningstar Dividend Yield Focus index. The fund tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability. HDV was launched on Mar 29, 2011 and is managed by BlackRock.