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

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 647,271 shares, a growth of 328.6% from the February 26th total of 151,036 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average trading volume of 595,896 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 595,896 shares, the short-interest ratio is currently 1.1 days. Approximately 3.2% of the company’s stock are short sold.

iShares Asia 50 ETF Stock Performance

AIA opened at $107.96 on Wednesday. The company has a market capitalization of $2.21 billion, a P/E 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 $119.70. The company has a 50-day moving average of $110.43 and a 200-day moving average of $101.29.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Global Retirement Partners LLC increased its stake in iShares Asia 50 ETF by 2,650.0% during the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of iShares Asia 50 ETF in the 4th quarter worth approximately $52,000. Assetmark Inc. acquired a new position in iShares Asia 50 ETF during the 4th quarter valued at approximately $74,000. Arax Advisory Partners acquired a new stake in iShares Asia 50 ETF in the fourth quarter worth $77,000. Finally, Gilpin Wealth Management LLC acquired a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at $78,000.

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.