iShares Select Dividend ETF (NASDAQ:DVY – Get Free Report) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 632,500 shares, a decline of 7.5% from the February 29th total of 683,900 shares. Based on an average daily volume of 615,300 shares, the days-to-cover ratio is presently 1.0 days.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its holdings in iShares Select Dividend ETF by 107,178.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock worth $9,156,076,000 after purchasing an additional 75,850,258 shares in the last quarter. International Assets Investment Management LLC grew its holdings in…
