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 January. As of January 30th, there was short interest totaling 803,425 shares, an increase of 3,458.0% from the January 15th total of 22,581 shares. Based on an average daily trading volume, of 628,284 shares, the short-interest ratio is currently 1.3 days. Approximately 3.9% of the company’s shares are sold short. Approximately 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 628,284 shares, the short-interest ratio is currently 1.3 days.

iShares Asia 50 ETF Stock Performance

iShares Asia 50 ETF stock opened at $113.39 on Thursday. iShares Asia 50 ETF has a fifty-two week low of $59.91 and a fifty-two week high of $113.51. The stock’s 50 day simple moving average is $102.42 and its two-hundred day simple moving average is $95.65. The stock has a market cap of $2.32 billion, a price-to-earnings 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. Investors of record on Tuesday, December 16th were given a dividend of $1.6251 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 352.0%.

Hedge Funds Weigh In On iShares Asia 50 ETF

A number of institutional investors have recently added to or reduced their stakes in AIA. Creative Planning bought a new stake in shares of iShares Asia 50 ETF during the 3rd quarter valued at $5,217,000. Stratos Wealth Partners LTD. purchased a new stake in iShares Asia 50 ETF in the third quarter worth about $4,518,000. Bank of America Corp DE lifted its holdings in shares of iShares Asia 50 ETF by 274.1% during 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. LPL Financial LLC boosted its position in shares of iShares Asia 50 ETF by 36.8% in the 4th quarter. LPL Financial LLC now owns 93,569 shares of the company’s stock worth $9,124,000 after purchasing an additional 25,177 shares in the last quarter. Finally, Arlington Capital Management Inc. purchased a new stake in shares of iShares Asia 50 ETF in the 4th quarter worth approximately $2,035,000.

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