iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 56.6% in April

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 3,300 shares, a decrease of 56.6% from the March 31st total of 7,600 shares. Based on an average daily volume of 54,300 shares, the days-to-cover ratio is currently 0.1 days.

iShares Asia 50 ETF Stock Up 0.3 %

Shares of AIA stock opened at $60.82 on Friday. iShares Asia 50 ETF has a 12 month low of $52.02 and a 12 month high of $63.50. The company has a market cap of $1.43 billion, a PE ratio of 11.98 and a beta of 0.71. The business’s 50 day moving average is $59.69 and its two-hundred day moving average is $57.44.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIA. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Asia 50 ETF by 3.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock valued at $2,704,000 after purchasing an additional 1,615 shares during the period. Upper Left Wealth Management LLC increased its holdings in iShares Asia 50 ETF by 3.7% in the 4th quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock valued at $2,340,000 after buying an additional 1,457 shares during the period. Vontobel Holding Ltd. raised its stake in shares of iShares Asia 50 ETF by 299.9% in the 4th quarter. Vontobel Holding Ltd. now owns 39,751 shares of the company’s stock valued at $2,304,000 after buying an additional 29,812 shares in the last quarter. SFI Advisors LLC lifted its holdings in shares of iShares Asia 50 ETF by 17.5% during the 4th quarter. SFI Advisors LLC now owns 31,065 shares of the company’s stock worth $1,801,000 after acquiring an additional 4,626 shares during the period. Finally, Mariner LLC boosted its position in shares of iShares Asia 50 ETF by 71.2% during the 3rd quarter. Mariner LLC now owns 17,186 shares of the company’s stock valued at $953,000 after acquiring an additional 7,146 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.