iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 71,000 shares, an increase of 9.6% from the October 15th total of 64,800 shares. Based on an average daily trading volume, of 98,700 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AIA. Activest Wealth Management bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter worth approximately $35,000. Patten Group Inc. bought a new position in iShares Asia 50 ETF during the 3rd quarter valued at approximately $203,000. Upper Left Wealth Management LLC increased its position in iShares Asia 50 ETF by 5.3% during the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after buying an additional 292 shares in the last quarter. Walleye Capital LLC purchased a new position in iShares Asia 50 ETF during the third quarter valued at $393,000. Finally, Marshall Wace LLP boosted its holdings in iShares Asia 50 ETF by 68.1% in the second quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after acquiring an additional 2,860 shares in the last quarter.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ:AIA opened at $69.98 on Tuesday. iShares Asia 50 ETF has a 52-week low of $52.02 and a 52-week high of $77.44. The firm has a market capitalization of $839.76 million, a P/E ratio of 12.57 and a beta of 0.71. The stock has a 50 day moving average price of $71.52 and a 200-day moving average price of $68.33.

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.