iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Stock Short Interest Drops 85.3%

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

Institutional Investors Weigh In On iShares Asia/Pacific Dividend ETF

A hedge fund recently bought a new position in iShares Asia/Pacific Dividend ETF stock. Rosenberg Matthew Hamilton bought a new position in iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 658 shares of the company’s stock, valued at approximately $33,000.

iShares Asia/Pacific Dividend ETF Trading Up 0.9%

Shares of DVYA stock traded up $0.44 during trading hours on Friday, hitting $49.62. 48,811 shares of the company were exchanged, compared to its average volume of 8,343. The business has a 50 day moving average of $51.08 and a two-hundred day moving average of $49.96. iShares Asia/Pacific Dividend ETF has a 52 week low of $41.61 and a 52 week high of $52.73. The company has a market capitalization of $69.47 million, a PE 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.