Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Increases By 325.2%

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 52,300 shares, a growth of 325.2% from the January 31st total of 12,300 shares. Based on an average daily trading volume, of 43,800 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of iShares Asia 50 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Activest Wealth Management bought a new position in shares of iShares Asia 50 ETF during the third quarter valued at approximately $35,000. Finley Financial LLC bought a new position in iShares Asia 50 ETF in the 4th quarter valued at about $59,000. Aviso Financial Inc. increased its stake in shares of iShares Asia 50 ETF by 97.3% during the fourth quarter. Aviso Financial Inc. now owns 1,385 shares of the company’s stock valued at $94,000 after acquiring an additional 683 shares during the period. Bank of Montreal Can raised its stake in shares of iShares Asia 50 ETF by 8.3% in the 4th quarter. Bank of Montreal Can now owns 4,558 shares of the company’s stock worth $309,000 after buying an additional 349 shares in the last quarter. Finally, West Oak Capital LLC lifted its holdings in iShares Asia 50 ETF by 1,433.3% in the 4th quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock valued at $312,000 after acquiring an additional 4,300 shares during the last quarter.

iShares Asia 50 ETF Trading Down 1.4 %

Shares of NASDAQ:AIA opened at $73.27 on Friday. iShares Asia 50 ETF has a 12-month low of $57.21 and a 12-month high of $77.87. The firm has a market cap of $769.34 million, a PE ratio of 15.12 and a beta of 0.71. The company has a fifty day simple moving average of $70.58 and a 200 day simple moving average of $70.28.

iShares Asia 50 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.5096 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Asia 50 ETF

iShares Asia 50 ETF (the Fund), formerly iShares S&P Asia 50 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Asia 50 Index (the Index). The Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the performance of the 50 leading companies from four Asian markets: Hong Kong, Singapore, South Korea and Taiwan.