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

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

iShares Asia/Pacific Dividend ETF Stock Performance

Shares of DVYA stock traded up $0.29 during trading hours on Friday, hitting $49.63. 8,046 shares of the company were exchanged, compared to its average volume of 10,300. iShares Asia/Pacific Dividend ETF has a one year low of $36.89 and a one year high of $52.00. The business’s 50-day simple moving average is $49.95 and its two-hundred day simple moving average is $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

An institutional investor recently bought a new position in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management purchased a new stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the third quarter, according to its most recent filing with the SEC. 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 at the end of the most recent quarter.

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.