iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Growth in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 164,678 shares, an increase of 100.2% from the December 15th total of 82,265 shares. Based on an average daily volume of 53,749 shares, the short-interest ratio is presently 3.1 days. Approximately 1.0% of the company’s shares are sold short. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 53,749 shares, the short-interest ratio is presently 3.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. WestEnd Advisors LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF in the second quarter worth $153,151,000. Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter worth about $139,179,000. Madison Asset Management LLC grew its stake in shares of iShares MSCI Emerging Markets Asia ETF by 6.2% in the 3rd quarter. Madison Asset Management LLC now owns 396,693 shares of the company’s stock valued at $36,397,000 after buying an additional 23,101 shares during the period. Bank of New York Mellon Corp grew its stake in shares of iShares MSCI Emerging Markets Asia ETF by 5.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 79,150 shares of the company’s stock valued at $6,534,000 after buying an additional 3,755 shares during the period. Finally, BNP Paribas Financial Markets increased its position in iShares MSCI Emerging Markets Asia ETF by 166.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock valued at $4,468,000 after buying an additional 30,420 shares in the last quarter.

iShares MSCI Emerging Markets Asia ETF Stock Performance

Shares of EEMA stock opened at $98.77 on Thursday. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $63.50 and a fifty-two week high of $99.60. The stock has a 50 day simple moving average of $93.98 and a two-hundred day simple moving average of $90.39. The company has a market cap of $1.65 billion, a P/E ratio of 15.31 and a beta of 0.60.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.2044 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 266.0%.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.