iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMAGet Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,400 shares, a drop of 39.1% from the April 30th total of 2,300 shares. Based on an average daily trading volume, of 86,500 shares, the short-interest ratio is currently 0.0 days.

Shares of NASDAQ EEMA traded up $0.72 during trading on Friday, reaching $69.16. 75,981 shares of the company traded hands, compared to its average volume of 83,854. The firm’s fifty day simple moving average is $70.64 and its 200 day simple moving average is $77.18. iShares MSCI Emerging Markets Asia ETF has a 12-month low of $64.43 and a 12-month high of $94.35.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 137.6% during the 4th quarter. First Horizon Advisors Inc. now owns 487 shares of the company’s stock valued at $39,000 after buying an additional 282 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 7.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,220 shares of the company’s stock valued at $312,000 after buying an additional 307 shares during the last quarter. Carroll Financial Associates Inc. purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 4th quarter valued at about $27,000. US Bancorp DE raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 110.6% during the 3rd quarter. US Bancorp DE now owns 798 shares of the company’s stock valued at $67,000 after buying an additional 419 shares during the last quarter. Finally, Exane Derivatives raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 18.9% during the 1st quarter. Exane Derivatives now owns 2,720 shares of the company’s stock valued at $201,000 after buying an additional 432 shares during the last quarter.

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