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

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,599 shares, a drop of 35.3% from the September 30th total of 2,470 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,175 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

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

iShares Asia/Pacific Dividend ETF Stock Performance

Shares of iShares Asia/Pacific Dividend ETF stock opened at $50.17 on Monday. The firm has a market capitalization of $67.73 million, a PE ratio of 11.42 and a beta of 0.57. iShares Asia/Pacific Dividend ETF has a twelve month low of $42.61 and a twelve month high of $52.73. The firm’s 50-day moving average price is $50.62 and its 200 day moving average price is $49.77.

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.