Short Interest in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Drops By 53.8%
by Jessica Moore · The Cerbat GemiShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA – Get Free Report) saw a large 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. Based on an average daily volume of 6,171 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.
iShares Asia/Pacific Dividend ETF Trading Up 0.6%
DVYA stock traded up $0.29 during midday trading on Friday, hitting $49.63. 8,046 shares of the company’s stock were exchanged, compared to its average volume of 10,300. iShares Asia/Pacific Dividend ETF has a 12-month low of $36.89 and a 12-month high of $52.00. The firm has a 50 day moving average price of $49.95 and a 200-day moving average price of $48.21. The stock has a market capitalization of $69.48 million, a price-to-earnings ratio of 11.42 and a beta of 0.57.
Institutional Investors Weigh In On iShares Asia/Pacific Dividend ETF
A hedge fund recently bought a new stake in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management acquired a new position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 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.
About iShares Asia/Pacific Dividend ETF
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.