iShares Select Dividend ETF (NASDAQ:DVY) Short Interest Update

iShares Select Dividend ETF (NASDAQ:DVY) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 771,600 shares, a growth of 19.9% from the October 31st total of 643,300 shares. Based on an average daily trading volume, of 350,500 shares, the short-interest ratio is presently 2.2 days.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $141.85 on Tuesday. The firm has a market cap of $21.07 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50-day simple moving average is $136.69 and its 200-day simple moving average is $130.08. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares Select Dividend ETF

A number of hedge funds have recently modified their holdings of DVY. Addison Advisors LLC boosted its position in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. Family Firm Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the 3rd quarter valued at $36,000. 46.08% of the stock is owned by institutional investors and hedge funds.

About iShares Select Dividend ETF

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.