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

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the target 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 company’s stock are sold short. Based on an average trading volume of 6,171 shares, the days-to-cover ratio is presently 0.2 days.

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 position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the third quarter, according to its most recent 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 approximately 0.06% of iShares Asia/Pacific Dividend ETF as of its most recent filing with the Securities & Exchange Commission.

iShares Asia/Pacific Dividend ETF Price Performance

NYSEARCA:DVYA traded down $0.92 during mid-day trading on Monday, reaching $48.71. The stock had a trading volume of 8,780 shares, compared to its average volume of 10,287. The company has a market capitalization 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 1-year low of $36.89 and a 1-year high of $52.00. The stock’s 50 day simple moving average is $49.95 and its two-hundred day simple moving average is $48.28.

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.