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

iShares Asia 50 ETF (NASDAQ:AIA) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 151,036 shares, a growth of 137.3% from the February 12th total of 63,652 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 650,648 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 650,648 shares, the short-interest ratio is presently 0.2 days. Currently, 0.7% of the shares of the stock are sold short.

iShares Asia 50 ETF Stock Up 0.4%

NASDAQ AIA opened at $107.38 on Friday. iShares Asia 50 ETF has a twelve month low of $59.91 and a twelve month high of $119.70. The stock has a market cap of $2.20 billion, a P/E ratio of 13.81 and a beta of 0.70. The company’s 50-day simple moving average is $109.64 and its 200 day simple moving average is $99.86.

iShares Asia 50 ETF Announces Dividend

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

Hedge Funds Weigh In On iShares Asia 50 ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. WealthShield Partners LLC bought a new stake in iShares Asia 50 ETF in the second quarter valued at $27,000. Global Retirement Partners LLC lifted its holdings in shares of 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 acquiring an additional 265 shares during the period. Kestra Advisory Services LLC bought a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at $52,000. Assetmark Inc. acquired a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $74,000. Finally, Arax Advisory Partners acquired a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $77,000.

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.