Short Interest in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) Drops By 51.7%

iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 6,925 shares, a decrease of 51.7% from the March 15th total of 14,325 shares. Based on an average trading volume of 171,835 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

iShares Emerging Markets Dividend ETF Price Performance

NYSEARCA DVYE opened at $35.38 on Friday. The stock’s fifty day moving average price is $34.31 and its 200 day moving average price is $32.19. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 7.78 and a beta of 0.53. iShares Emerging Markets Dividend ETF has a 1 year low of $25.30 and a 1 year high of $35.59.

Institutional Trading of iShares Emerging Markets Dividend ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in iShares Emerging Markets Dividend ETF by 69.8% in the 4th quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock valued at $8,635,000 after purchasing an additional 113,873 shares during the last quarter. NewEdge Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 1.6% in the 3rd quarter. NewEdge Advisors LLC now owns 260,621 shares of the company’s stock valued at $7,738,000 after purchasing an additional 4,083 shares during the last quarter. Argent Advisors Inc. increased its holdings in iShares Emerging Markets Dividend ETF by 2.6% in the 3rd quarter. Argent Advisors Inc. now owns 248,526 shares of the company’s stock valued at $7,379,000 after purchasing an additional 6,182 shares during the last quarter. Marshall Wace LLP increased its holdings in iShares Emerging Markets Dividend ETF by 4.3% in the 4th quarter. Marshall Wace LLP now owns 180,877 shares of the company’s stock valued at $5,636,000 after purchasing an additional 7,463 shares during the last quarter. Finally, Crescent Grove Advisors LLC increased its holdings in iShares Emerging Markets Dividend ETF by 1.0% in the 4th quarter. Crescent Grove Advisors LLC now owns 139,341 shares of the company’s stock valued at $4,342,000 after purchasing an additional 1,347 shares during the last quarter.

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.