iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Increase in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 4,600 shares, an increase of 9.5% from the May 15th total of 4,200 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.9 %

NASDAQ EEMA traded up $0.64 on Monday, hitting $72.79. The company’s stock had a trading volume of 27,755 shares, compared to its average volume of 42,681. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $60.36 and a 52-week high of $73.64. The company’s 50-day simple moving average is $70.28 and its 200 day simple moving average is $67.21. The firm has a market cap of $436.74 million, a P/E ratio of 13.33 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th will be issued a dividend of $0.2475 per share. The ex-dividend date of this dividend is Tuesday, June 11th.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

A number of hedge funds have recently modified their holdings of EEMA. SOL Capital Management CO boosted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 68.3% during the 4th quarter. SOL Capital Management CO now owns 6,000 shares of the company’s stock valued at $397,000 after buying an additional 2,435 shares in the last quarter. ORG Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 4th quarter valued at $29,000. Madison Asset Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 182.2% during the 4th quarter. Madison Asset Management LLC now owns 248,432 shares of the company’s stock valued at $16,424,000 after buying an additional 160,407 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 5.3% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 70,103 shares of the company’s stock valued at $4,775,000 after buying an additional 3,558 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 1st quarter worth about $602,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.