iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 92.1% in February

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 63,652 shares, a drop of 92.1% from the January 29th total of 803,425 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 259,793 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 259,793 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ:AIA traded up $1.76 during trading on Wednesday, reaching $118.91. The company had a trading volume of 220,919 shares, compared to its average volume of 537,659. The firm’s fifty day moving average is $105.63 and its 200 day moving average is $97.65. The firm has a market capitalization of $2.44 billion, a PE ratio of 13.81 and a beta of 0.70. iShares Asia 50 ETF has a twelve month low of $59.91 and a twelve month high of $119.20.

iShares Asia 50 ETF Announces Dividend

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

Hedge Funds Weigh In On iShares Asia 50 ETF

Several hedge funds have recently modified their holdings of the company. WealthShield Partners LLC acquired a new stake in iShares Asia 50 ETF during the 2nd quarter worth about $27,000. Global Retirement Partners LLC increased its position in shares of iShares Asia 50 ETF by 2,650.0% in the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after acquiring an additional 265 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of iShares Asia 50 ETF in the fourth quarter worth approximately $52,000. Assetmark Inc. acquired a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $74,000. Finally, Arax Advisory Partners purchased a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at approximately $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.