iShares Asia 50 ETF (NASDAQ:AIA) Sees Significant Increase in Short Interest

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 36,000 shares, a growth of 13.9% from the May 31st total of 31,600 shares. Based on an average daily trading volume, of 53,500 shares, the short-interest ratio is currently 0.7 days.

iShares Asia 50 ETF Stock Up 0.1 %

iShares Asia 50 ETF stock opened at $67.11 on Monday. The company has a 50 day moving average of $65.43 and a 200-day moving average of $60.49. iShares Asia 50 ETF has a twelve month low of $52.02 and a twelve month high of $68.76. The stock has a market capitalization of $1.58 billion, a PE ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.3784 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Trading of iShares Asia 50 ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Activest Wealth Management bought a new stake in iShares Asia 50 ETF in the 4th quarter valued at approximately $73,000. International Assets Investment Management LLC bought a new position in iShares Asia 50 ETF in the fourth quarter valued at $165,000. CWM LLC bought a new stake in iShares Asia 50 ETF during the 4th quarter worth about $172,000. Advisory Services Network LLC acquired a new position in shares of iShares Asia 50 ETF during the 4th quarter worth about $200,000. Finally, City Holding Co. grew its holdings in shares of iShares Asia 50 ETF by 13.3% in the 1st quarter. City Holding Co. now owns 3,415 shares of the company’s stock valued at $207,000 after acquiring an additional 400 shares in the last quarter.

iShares Asia 50 ETF Company Profile

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.