iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Sees Large Decline in Short Interest

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,470 shares, a decline of 85.3% from the September 15th total of 16,795 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 8,310 shares, the short-interest ratio is presently 0.3 days.

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. Rosenberg Matthew Hamilton purchased a new stake in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 658 shares of the company’s stock, valued at approximately $33,000.

iShares Asia/Pacific Dividend ETF Price Performance

iShares Asia/Pacific Dividend ETF stock traded up $0.09 during midday trading on Monday, reaching $49.71. The stock had a trading volume of 3,733 shares, compared to its average volume of 8,319. The firm has a market cap of $69.59 million, a price-to-earnings ratio of 11.42 and a beta of 0.57. The firm’s fifty day simple moving average is $51.08 and its two-hundred day simple moving average is $49.96. iShares Asia/Pacific Dividend ETF has a twelve month low of $42.12 and a twelve month high of $52.73.

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.