iShares Asia 50 ETF (NASDAQ:AIA) Stock Short Interest Report for October

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 540,330 shares, an increase of 91.1% from the September 30th total of 282,757 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 396,820 shares, the days-to-cover ratio is presently 1.4 days.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ AIA traded up $2.08 during trading hours on Monday, hitting $129.03. The stock had a trading volume of 80,929 shares, compared to its average volume of 463,736. The company has a market capitalization of $4.61 billion, a P/E ratio of 13.81 and a beta of 0.87. The firm’s 50-day moving average price is $138.26 and its two-hundred day moving average price is $127.97. iShares Asia 50 ETF has a 52 week low of $90.95 and a 52 week high of $150.83.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several large investors have recently added to or reduced their stakes in AIA. TD Waterhouse Canada Inc. boosted its stake in iShares Asia 50 ETF by 58,737.4% during the second quarter. TD Waterhouse Canada Inc. now owns 77,077 shares of the company’s stock worth $10,518,000 after buying an additional 76,946 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in iShares Asia 50 ETF in the second quarter worth about $654,000. Elite Wealth Management Inc. acquired a new stake in iShares Asia 50 ETF during the first quarter valued at approximately $4,169,000. Y Intercept Hong Kong Ltd bought a new stake in shares of iShares Asia 50 ETF in the 1st quarter valued at approximately $752,000. Finally, Colton Groome Financial Advisors LLC bought a new position in shares of iShares Asia 50 ETF during the 3rd quarter worth approximately $1,053,000.

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.