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

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

Institutional Investors Weigh In On iShares Asia 50 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in shares of iShares Asia 50 ETF by 11.9% during the second quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock worth $10,735,000 after buying an additional 14,134 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Asia 50 ETF by 36.8% in the fourth quarter. LPL Financial LLC now owns 93,569 shares of the company’s stock worth $9,124,000 after buying an additional 25,177 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of iShares Asia 50 ETF by 46.1% in the fourth quarter. Wells Fargo & Company MN now owns 68,868 shares of the company’s stock worth $6,715,000 after buying an additional 21,735 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in iShares Asia 50 ETF during the fourth quarter worth about $5,482,000. Finally, Creative Planning acquired a new position in iShares Asia 50 ETF during the third quarter worth about $5,217,000.

iShares Asia 50 ETF Price Performance

Shares of iShares Asia 50 ETF stock opened at $111.45 on Thursday. The stock has a market capitalization of $2.28 billion, a P/E ratio of 13.81 and a beta of 0.70. The business has a 50 day simple moving average of $109.34 and a two-hundred day simple moving average of $99.66. iShares Asia 50 ETF has a 12 month low of $59.91 and a 12 month high of $119.70.

iShares Asia 50 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.6251 per share. This represents a dividend yield of 352.0%. The ex-dividend date was Tuesday, December 16th.

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.