Short Interest in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Rises By 98.6%

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 26,212 shares, an increase of 98.6% from the January 15th total of 13,198 shares. Based on an average trading volume of 11,066 shares, the short-interest ratio is presently 2.4 days. Approximately 2.0% of the shares of the stock are short sold. Approximately 2.0% of the shares of the stock are short sold. Based on an average trading volume of 11,066 shares, the short-interest ratio is presently 2.4 days.

iShares Asia/Pacific Dividend ETF Price Performance

DVYA stock opened at $50.70 on Friday. The firm has a 50 day simple moving average of $46.44 and a two-hundred day simple moving average of $43.84. The stock has a market cap of $65.91 million, a PE ratio of 11.42 and a beta of 0.64. iShares Asia/Pacific Dividend ETF has a one year low of $31.05 and a one year high of $51.15.

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 purchased a new position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 as of its most recent SEC filing.

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.