iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Sees Significant Increase in Short Interest

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 89,536 shares, a growth of 65.4% from the April 30th total of 54,144 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 100,863 shares, the short-interest ratio is presently 0.9 days.

iShares Emerging Markets Dividend ETF Price Performance

DVYE traded up $0.01 during trading on Thursday, hitting $34.33. 29,095 shares of the stock traded hands, compared to its average volume of 218,379. The firm has a market capitalization of $1.29 billion, a P/E ratio of 7.78 and a beta of 0.51. The firm has a 50-day moving average of $34.70 and a 200 day moving average of $33.43. iShares Emerging Markets Dividend ETF has a 12-month low of $27.73 and a 12-month high of $35.95.

Institutional Investors Weigh In On iShares Emerging Markets Dividend ETF

Institutional investors have recently added to or reduced their stakes in the company. Benchmark Investment Advisors LLC purchased a new stake in iShares Emerging Markets Dividend ETF during the 3rd quarter valued at $1,445,000. Vista Capital Partners Inc. purchased a new position in iShares Emerging Markets Dividend ETF during the 3rd quarter valued at $800,000. Western Wealth Management LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF in the 3rd quarter worth about $239,000. Bogart Wealth LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF in the 1st quarter worth about $34,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF in the 1st quarter worth about $139,000.

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.