Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Grows By 59.5%

iShares Asia 50 ETF (NASDAQ:AIA) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 40,200 shares, an increase of 59.5% from the March 31st total of 25,200 shares. Based on an average trading volume of 82,500 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several large investors have recently bought and sold shares of AIA. West Oak Capital LLC raised its holdings in shares of iShares Asia 50 ETF by 1,433.3% during the fourth quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock valued at $312,000 after purchasing an additional 4,300 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in shares of iShares Asia 50 ETF during the 4th quarter valued at $334,000. Finley Financial LLC bought a new stake in shares of iShares Asia 50 ETF in the fourth quarter worth $59,000. Twelve Points Wealth Management LLC increased its position in iShares Asia 50 ETF by 1.1% during the fourth quarter. Twelve Points Wealth Management LLC now owns 14,149 shares of the company’s stock valued at $960,000 after acquiring an additional 160 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares Asia 50 ETF in the fourth quarter valued at about $390,000.

iShares Asia 50 ETF Trading Up 0.3 %

iShares Asia 50 ETF stock opened at $69.63 on Wednesday. iShares Asia 50 ETF has a 12 month low of $59.33 and a 12 month high of $77.87. The stock has a fifty day simple moving average of $71.28 and a two-hundred day simple moving average of $70.82. The firm has a market cap of $626.67 million, a price-to-earnings ratio of 12.33 and a beta of 0.71.

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.