iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Down 20.6% in March

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 259,316 shares, a decrease of 20.6% from the February 26th total of 326,640 shares. Based on an average daily trading volume, of 934,375 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.5% of the shares of the stock are sold short.

iShares MSCI Emerging Markets Asia ETF Stock Performance

EEMA stock opened at $93.44 on Monday. The firm has a 50 day moving average of $100.90 and a 200-day moving average of $96.27. The firm has a market capitalization of $1.58 billion, a P/E ratio of 15.31 and a beta of 0.60. iShares MSCI Emerging Markets Asia ETF has a 12 month low of $63.50 and a 12 month high of $108.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at $26,000. Cary Street Partners Financial LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the fourth quarter worth $41,000. Private Trust Co. NA raised its position in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% in the fourth quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after buying an additional 515 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in iShares MSCI Emerging Markets Asia ETF by 27.5% during the third quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after buying an additional 162 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its stake in iShares MSCI Emerging Markets Asia ETF by 76.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after buying an additional 1,323 shares during the period.

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.