iShares Asia 50 ETF (NASDAQ:AIA) Sees Significant Decrease in Short Interest

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 63,652 shares, a drop of 92.1% from the January 29th total of 803,425 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 259,793 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 259,793 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. WealthShield Partners LLC purchased a new stake in iShares Asia 50 ETF in the 2nd quarter valued at approximately $27,000. Global Retirement Partners LLC raised its holdings in shares of iShares Asia 50 ETF by 2,650.0% in the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of iShares Asia 50 ETF in the fourth quarter valued at $52,000. Assetmark Inc. acquired a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at $74,000. Finally, Arax Advisory Partners purchased a new stake in iShares Asia 50 ETF during the 4th quarter worth about $77,000.

iShares Asia 50 ETF Stock Performance

NASDAQ:AIA opened at $118.91 on Thursday. The stock has a fifty day moving average price of $106.17 and a two-hundred day moving average price of $97.80. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 13.81 and a beta of 0.70. iShares Asia 50 ETF has a 1 year low of $59.91 and a 1 year high of $119.20.

iShares Asia 50 ETF Dividend Announcement

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

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.