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

iShares Dow Jones U.S. ETF (NYSEARCA:IYY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,222 shares, an increase of 214.1% from the April 30th total of 2,618 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 18,759 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of iShares Dow Jones U.S. ETF

Several institutional investors and hedge funds have recently modified their holdings of IYY. Apella Capital LLC bought a new stake in shares of iShares Dow Jones U.S. ETF in the fourth quarter valued at about $14,236,000. Rothschild Wealth LLC acquired a new position in shares of iShares Dow Jones U.S. ETF during the fourth quarter worth $12,954,000. Kestra Advisory Services LLC increased its position in shares of iShares Dow Jones U.S. ETF by 202.5% during the first quarter. Kestra Advisory Services LLC now owns 105,487 shares of the company’s stock worth $16,714,000 after purchasing an additional 70,621 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Dow Jones U.S. ETF by 27.5% during the first quarter. Bank of America Corp DE now owns 249,037 shares of the company’s stock worth $39,460,000 after purchasing an additional 53,715 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares Dow Jones U.S. ETF by 159.3% during the second quarter. Ameriprise Financial Inc. now owns 70,208 shares of the company’s stock worth $10,592,000 after purchasing an additional 43,127 shares in the last quarter.

iShares Dow Jones U.S. ETF Trading Up 0.2%

NYSEARCA:IYY opened at $183.80 on Friday. iShares Dow Jones U.S. ETF has a twelve month low of $142.35 and a twelve month high of $184.17. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 25.52 and a beta of 1.01. The stock has a fifty day simple moving average of $170.97 and a 200-day simple moving average of $167.82.

iShares Dow Jones U.S. ETF Company Profile

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.