Short Interest in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Drops By 53.8%

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,077 shares, a decline of 53.8% from the May 14th total of 2,331 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 6,171 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares Asia/Pacific Dividend ETF

An institutional investor recently bought a new position in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management purchased a new position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 675 shares of the company’s stock, valued at approximately $28,000. Triumph Capital Management owned about 0.06% of iShares Asia/Pacific Dividend ETF as of its most recent SEC filing.

iShares Asia/Pacific Dividend ETF Stock Performance

DVYA stock traded down $0.92 during midday trading on Monday, hitting $48.71. 8,780 shares of the stock were exchanged, compared to its average volume of 10,287. The stock’s 50-day moving average price is $49.95 and its 200-day moving average price is $48.28. The stock has a market cap of $68.19 million, a price-to-earnings ratio of 11.42 and a beta of 0.57. iShares Asia/Pacific Dividend ETF has a fifty-two week low of $36.89 and a fifty-two week high of $52.00.

iShares Asia/Pacific Dividend ETF Company Profile

The iShares Asia\u002FPacific Dividend ETF (DVYA) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of consistent highest dividend-yielding companies in the Asia-Pacific region. DVYA was launched on Feb 23, 2012 and is managed by BlackRock.