iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) Sees Significant Growth in Short Interest

iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 33,567 shares, a growth of 152.6% from the February 12th total of 13,288 shares. Currently, 2.6% of the shares of the stock are short sold. Based on an average daily volume of 8,841 shares, the short-interest ratio is currently 3.8 days. Based on an average daily volume of 8,841 shares, the short-interest ratio is currently 3.8 days. Currently, 2.6% of the shares of the stock are short sold.

Hedge Funds 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 shares of iShares Asia/Pacific Dividend ETF (NYSEARCA:DVYA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent quarter.

iShares Asia/Pacific Dividend ETF Stock Down 0.8%

DVYA opened at $48.15 on Friday. The company has a market cap of $62.60 million, a PE ratio of 11.42 and a beta of 0.64. iShares Asia/Pacific Dividend ETF has a twelve month low of $31.05 and a twelve month high of $52.00. The company has a 50-day moving average price of $48.82 and a 200 day moving average price of $45.17.

iShares Asia/Pacific Dividend ETF Company Profile

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.