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 significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 5,300 shares, a decrease of 36.1% from the May 15th total of 8,300 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 1.2 days.

iShares Asia/Pacific Dividend ETF Price Performance

Shares of iShares Asia/Pacific Dividend ETF stock opened at $38.20 on Monday. The business has a 50 day simple moving average of $36.41 and a two-hundred day simple moving average of $36.25. iShares Asia/Pacific Dividend ETF has a 12 month low of $31.05 and a 12 month high of $39.32. The stock has a market capitalization of $42.02 million, a P/E ratio of 11.54 and a beta of 0.67.

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.