iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Short Interest Down 92.7% in August

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 27,006 shares, a decline of 92.7% from the August 15th total of 369,401 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 125,327 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On iShares Emerging Markets Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of DVYE. JPMorgan Chase & Co. raised its stake in iShares Emerging Markets Dividend ETF by 33.3% in the second quarter. JPMorgan Chase & Co. now owns 168,700 shares of the company’s stock worth $4,833,000 after buying an additional 42,113 shares in the last quarter. Baird Financial Group Inc. grew its holdings 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 during the period. Marshall Wace LLP grew its holdings in shares of iShares Emerging Markets Dividend ETF by 225.3% during the 2nd quarter. Marshall Wace LLP now owns 169,742 shares of the company’s stock worth $4,863,000 after acquiring an additional 117,555 shares during the period. NewEdge Advisors LLC raised its position in shares of iShares Emerging Markets Dividend ETF by 25.6% in the 2nd quarter. NewEdge Advisors LLC now owns 256,538 shares of the company’s stock worth $7,350,000 after acquiring an additional 52,235 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Emerging Markets Dividend ETF by 4.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 10,573 shares of the company’s stock worth $314,000 after acquiring an additional 414 shares in the last quarter.

iShares Emerging Markets Dividend ETF Price Performance

iShares Emerging Markets Dividend ETF stock traded down $0.12 during mid-day trading on Thursday, reaching $36.04. 89,095 shares of the company traded hands, compared to its average volume of 202,912. The firm’s 50 day moving average price is $34.31 and its 200 day moving average price is $34.25. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a 52-week low of $28.63 and a 52-week high of $36.44.

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.