Short Interest in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Grows By 1,121.6%

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 17,725 shares, an increase of 1,121.6% from the July 15th total of 1,451 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,759 shares, the days-to-cover ratio is currently 3.7 days.

Institutional Trading of iShares Asia/Pacific Dividend ETF

A hedge fund recently bought a new position in iShares Asia/Pacific Dividend ETF stock. Triumph Capital Management purchased a new position in shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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.

iShares Asia/Pacific Dividend ETF Stock Performance

Shares of NYSEARCA:DVYA traded down $0.06 during midday trading on Tuesday, reaching $51.43. 1,394 shares of the company’s stock traded hands, compared to its average volume of 9,139. The company has a fifty day simple moving average of $49.19 and a two-hundred day simple moving average of $49.50. iShares Asia/Pacific Dividend ETF has a 1 year low of $41.23 and a 1 year high of $52.00. The company has a market cap of $72.00 million, a P/E ratio of 11.42 and a beta of 0.57.

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.