iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 128,210 shares, an increase of 308.1% from the December 15th total of 31,416 shares. Based on an average trading volume of 580,649 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 580,649 shares, the days-to-cover ratio is presently 0.2 days.

iShares Asia 50 ETF Stock Performance

NASDAQ:AIA opened at $104.57 on Wednesday. iShares Asia 50 ETF has a fifty-two week low of $59.91 and a fifty-two week high of $106.10. The company has a 50 day moving average price of $97.26 and a 200 day moving average price of $91.92. The stock has a market capitalization of $1.92 billion, a P/E ratio of 13.81 and a beta of 0.70.

iShares Asia 50 ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares Asia 50 ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. PGIM Custom Harvest LLC boosted its holdings in iShares Asia 50 ETF by 5.3% during the 3rd quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock valued at $305,000 after acquiring an additional 163 shares during the period. Bank of America Corp DE lifted its position in shares of iShares Asia 50 ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock worth $1,078,000 after purchasing an additional 204 shares in the last quarter. City Holding Co. boosted its stake in shares of iShares Asia 50 ETF by 8.9% in the second quarter. City Holding Co. now owns 3,675 shares of the company’s stock valued at $298,000 after purchasing an additional 300 shares during the period. Redhawk Wealth Advisors Inc. boosted its stake in shares of iShares Asia 50 ETF by 2.2% in the third quarter. Redhawk Wealth Advisors Inc. now owns 14,092 shares of the company’s stock valued at $1,333,000 after purchasing an additional 309 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares Asia 50 ETF by 5.3% in the second quarter. NewEdge Advisors LLC now owns 6,200 shares of the company’s stock valued at $503,000 after purchasing an additional 313 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.