Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Increases By 446.0%

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 152,198 shares, a growth of 446.0% from the March 31st total of 27,873 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 299,009 shares, the short-interest ratio is currently 0.5 days.

iShares Asia 50 ETF Price Performance

Shares of iShares Asia 50 ETF stock opened at $123.66 on Friday. iShares Asia 50 ETF has a 1-year low of $68.90 and a 1-year high of $123.97. The business’s fifty day moving average price is $112.33 and its two-hundred day moving average price is $104.33. The company has a market capitalization of $3.94 billion, a P/E ratio of 13.81 and a beta of 0.74.

Institutional Trading of iShares Asia 50 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AIA. Global Retirement Partners LLC raised its stake in shares of iShares Asia 50 ETF by 2,650.0% in the 4th quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after buying an additional 265 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at $52,000. CrossGen Wealth LLC purchased a new position in shares of iShares Asia 50 ETF during the first quarter valued at $56,000. Assetmark Inc. purchased a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at $74,000. Finally, Arax Advisory Partners purchased a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at $77,000.

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.