Short Interest in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Grows By 152.6%

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 33,567 shares, an increase of 152.6% from the February 12th total of 13,288 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average daily trading volume, of 8,841 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily trading volume, of 8,841 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.6% of the company’s stock are sold short.

iShares Asia/Pacific Dividend ETF Price Performance

NYSEARCA:DVYA traded down $0.39 during mid-day trading on Friday, reaching $48.15. The stock had a trading volume of 11,885 shares, compared to its average volume of 13,549. The stock has a market cap of $62.60 million, a P/E ratio of 11.42 and a beta of 0.64. The business’s 50 day moving average is $48.82 and its 200 day moving average is $45.17. iShares Asia/Pacific Dividend ETF has a fifty-two week low of $31.05 and a fifty-two week high of $52.00.

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

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.