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

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 27,873 shares, a decline of 95.7% from the March 15th total of 647,271 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 600,533 shares, the short-interest ratio is presently 0.0 days.

iShares Asia 50 ETF Price Performance

AIA opened at $114.38 on Friday. The business has a fifty day simple moving average of $110.44 and a 200 day simple moving average of $102.69. The company has a market capitalization of $3.61 billion, a PE ratio of 13.81 and a beta of 0.74. iShares Asia 50 ETF has a 1 year low of $65.50 and a 1 year high of $119.70.

Institutional Trading of iShares Asia 50 ETF

A number of institutional investors have recently modified their holdings of AIA. Global Retirement Partners LLC boosted its stake in 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 valued at $27,000 after buying an additional 265 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in iShares Asia 50 ETF during the fourth quarter worth about $52,000. Assetmark Inc. acquired a new position in iShares Asia 50 ETF during the fourth quarter worth about $74,000. Arax Advisory Partners acquired a new position in iShares Asia 50 ETF during the fourth quarter worth about $77,000. Finally, Gilpin Wealth Management LLC acquired a new position in iShares Asia 50 ETF during the fourth quarter worth about $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.