iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 112,264 shares, a growth of 199.3% from the April 30th total of 37,510 shares. Based on an average trading volume of 675,265 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are sold short.
Institutional Investors Weigh In On iShares Asia 50 ETF
Institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC increased its holdings 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. CrossGen Wealth LLC bought a new position in iShares Asia 50 ETF during the 1st quarter worth $56,000. Kestra Advisory Services LLC bought a new position in iShares Asia 50 ETF during the 4th quarter worth $52,000. Fifth Third Bancorp bought a new position in iShares Asia 50 ETF during the 1st quarter worth $61,000. Finally, Assetmark Inc. bought a new position in iShares Asia 50 ETF during the 4th quarter worth $74,000.
iShares Asia 50 ETF Trading Down 0.2%
Shares of NASDAQ AIA opened at $142.33 on Friday. iShares Asia 50 ETF has a twelve month low of $74.14 and a twelve month high of $143.80. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 13.81 and a beta of 0.83. The business has a 50 day simple moving average of $122.12 and a 200-day simple moving average of $110.23.
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.
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