iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 71,400 shares, a drop of 33.0% from the November 15th total of 106,600 shares. Based on an average trading volume of 55,900 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at about $9,425,000. Nicholas Hoffman & Company LLC. lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 4.4% in the second quarter. Nicholas Hoffman & Company LLC. now owns 73,156 shares of the company’s stock worth $5,302,000 after buying an additional 3,053 shares during the period. BNP Paribas Financial Markets bought a new stake in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at approximately $674,000. Cahill Financial Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter worth approximately $204,000. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth approximately $209,000.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.1 %

Shares of EEMA stock traded up $0.11 during mid-day trading on Friday, reaching $75.04. The stock had a trading volume of 92,636 shares, compared to its average volume of 45,863. The stock’s 50-day moving average price is $76.13 and its two-hundred day moving average price is $74.17. The firm has a market capitalization of $472.75 million, a PE ratio of 13.33 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $61.02 and a 52-week high of $82.13.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.