iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Sees Significant Decrease in Short Interest

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 1,075 shares, a drop of 38.4% from the June 15th total of 1,745 shares. Based on an average daily volume of 5,261 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

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 bought a new stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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 at the end of the most recent quarter.

iShares Asia/Pacific Dividend ETF Price Performance

DVYA stock opened at $49.53 on Friday. The stock has a market cap of $69.34 million, a price-to-earnings ratio of 11.42 and a beta of 0.58. The company has a 50 day simple moving average of $49.09 and a 200 day simple moving average of $48.87. iShares Asia/Pacific Dividend ETF has a 1 year low of $39.73 and a 1 year high of $52.00.

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.