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

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 24,200 shares, a drop of 35.5% from the November 30th total of 37,500 shares. Based on an average trading volume of 81,000 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several large investors have recently made changes to their positions in AIA. Bank of Montreal Can increased its holdings in shares of iShares Asia 50 ETF by 1,142.7% during the second quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock valued at $3,206,000 after acquiring an additional 43,364 shares in the last quarter. Marshall Wace LLP grew its position in iShares Asia 50 ETF by 68.1% during the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after purchasing an additional 2,860 shares during the last quarter. Patten Group Inc. bought a new stake in iShares Asia 50 ETF during the 3rd quarter valued at about $203,000. Activest Wealth Management purchased a new position in iShares Asia 50 ETF in the third quarter worth about $35,000. Finally, Kingsview Wealth Management LLC bought a new position in shares of iShares Asia 50 ETF in the third quarter worth approximately $3,417,000.

iShares Asia 50 ETF Price Performance

Shares of AIA opened at $68.80 on Friday. The company has a 50-day simple moving average of $70.64 and a two-hundred day simple moving average of $69.06. The firm has a market capitalization of $825.60 million, a PE ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a one year low of $52.02 and a one year high of $77.44.

iShares Asia 50 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid 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.