iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 40,323 shares, an increase of 219.7% from the June 30th total of 12,612 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 460,809 shares, the days-to-cover ratio is currently 0.1 days.

iShares Asia 50 ETF Stock Down 2.6%

Shares of AIA stock traded down $3.47 on Friday, reaching $131.15. The company had a trading volume of 1,035,865 shares, compared to its average volume of 510,861. The stock has a market capitalization of $4.52 billion, a PE ratio of 13.81 and a beta of 0.86. iShares Asia 50 ETF has a one year low of $81.52 and a one year high of $150.83. The business’s 50-day moving average is $138.61 and its 200 day moving average is $122.27.

iShares Asia 50 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.5145 per share. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIA. Arkadios Wealth Advisors boosted its position in iShares Asia 50 ETF by 2.1% in the fourth quarter. Arkadios Wealth Advisors now owns 4,406 shares of the company’s stock valued at $430,000 after buying an additional 90 shares in the last quarter. PGIM Custom Harvest LLC increased its holdings in shares of iShares Asia 50 ETF by 5.3% during the third quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock worth $305,000 after buying an additional 163 shares in the last quarter. Assetmark Inc. lifted its stake in shares of iShares Asia 50 ETF by 23.5% in the 1st quarter. Assetmark Inc. now owns 942 shares of the company’s stock valued at $100,000 after acquiring an additional 179 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Asia 50 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock valued at $1,078,000 after acquiring an additional 204 shares during the last quarter. Finally, Global Retirement Partners LLC lifted 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 valued at $27,000 after acquiring an additional 265 shares during the last quarter.

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.