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

iShares Asia 50 ETF (NASDAQ:AIAGet Rating) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 240,200 shares, a growth of 44.5% from the March 15th total of 166,200 shares. Based on an average daily volume of 93,200 shares, the short-interest ratio is currently 2.6 days.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP bought a new stake in iShares Asia 50 ETF during the 3rd quarter worth approximately $1,041,000. BlackRock Inc. boosted its position in iShares Asia 50 ETF by 1.2% in the 3rd quarter. BlackRock Inc. now owns 7,423,188 shares of the company’s stock valued at $580,493,000 after buying an additional 86,865 shares during the last quarter. MML Investors Services LLC boosted its position in iShares Asia 50 ETF by 63.7% in the 3rd quarter. MML Investors Services LLC now owns 46,332 shares of the company’s stock valued at $3,623,000 after buying an additional 18,035 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of iShares Asia 50 ETF by 33.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 577 shares of the company’s stock worth $45,000 after purchasing an additional 146 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares Asia 50 ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 51,803 shares of the company’s stock worth $4,051,000 after purchasing an additional 2,961 shares during the last quarter.

Shares of iShares Asia 50 ETF stock opened at $66.05 on Friday. The firm’s 50-day simple moving average is $67.88 and its 200-day simple moving average is $73.47. iShares Asia 50 ETF has a twelve month low of $60.79 and a twelve month high of $94.76.

iShares Asia 50 ETF Company Profile (Get Rating)

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.

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