Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Increases By 158.0%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 369,401 shares, an increase of 158.0% from the July 30th total of 143,172 shares. Based on an average daily volume of 114,915 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Hedge funds have recently bought and sold shares of the company. Millstone Evans Group LLC bought a new stake in iShares Emerging Markets Dividend ETF during the 1st quarter worth approximately $29,000. Bogart Wealth LLC bought a new position in iShares Emerging Markets Dividend ETF in the 1st quarter valued at $34,000. Triumph Capital Management bought a new position in iShares Emerging Markets Dividend ETF in the 3rd quarter valued at $34,000. Root Financial Partners LLC bought a new position in iShares Emerging Markets Dividend ETF in the 1st quarter valued at $42,000. Finally, Highland Investment Advisors LLC purchased a new position in shares of iShares Emerging Markets Dividend ETF during the 2nd quarter valued at $68,000.

iShares Emerging Markets Dividend ETF Stock Up 0.3%

Shares of DVYE opened at $35.26 on Friday. The business’s 50-day moving average price is $33.62 and its 200-day moving average price is $34.16. iShares Emerging Markets Dividend ETF has a twelve month low of $28.63 and a twelve month high of $35.95. The stock has a market cap of $1.26 billion, a PE ratio of 7.78 and a beta of 0.50.

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.