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

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 31,416 shares, an increase of 65.4% from the November 30th total of 18,998 shares. Based on an average daily trading volume, of 109,595 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 109,595 shares, the short-interest ratio is presently 0.3 days.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ:AIA opened at $97.08 on Friday. iShares Asia 50 ETF has a 52-week low of $59.91 and a 52-week high of $101.22. The company has a market cap of $1.44 billion, a P/E ratio of 13.81 and a beta of 0.70. The stock’s 50-day moving average is $96.48 and its 200-day moving average is $89.97.

iShares Asia 50 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.6251 dividend. This represents a dividend yield of 352.0%. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several institutional investors have recently bought and sold shares of AIA. Creative Planning acquired a new position in iShares Asia 50 ETF in the third quarter valued at approximately $5,217,000. Stratos Wealth Partners LTD. acquired a new position in iShares Asia 50 ETF in the 3rd quarter worth $4,518,000. EWG Elevate Inc. bought a new position in shares of iShares Asia 50 ETF during the second quarter worth about $3,850,000. Bank of America Corp DE raised its holdings in shares of iShares Asia 50 ETF by 274.1% in the third quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock valued at $4,708,000 after purchasing an additional 36,462 shares during the last quarter. Finally, Objectivity Squared LLC lifted its position in iShares Asia 50 ETF by 285.9% during the 3rd quarter. Objectivity Squared LLC now owns 23,802 shares of the company’s stock worth $2,252,000 after buying an additional 17,634 shares in the last quarter.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.