iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Up 9.5% in May

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient 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 presently 0.1 days.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.6 %

Shares of EEMA traded up $0.41 during midday trading on Tuesday, hitting $73.20. The company’s stock had a trading volume of 28,150 shares, compared to its average volume of 42,556. iShares MSCI Emerging Markets Asia ETF has a one year low of $60.36 and a one year high of $73.64. The company’s fifty day simple moving average is $70.44 and its two-hundred day simple moving average is $67.32. The stock has a market capitalization of $439.20 million, a price-to-earnings ratio of 13.33 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a dividend of $0.2475 per share. The ex-dividend date was Tuesday, June 11th.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in EEMA. ORG Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF during the fourth quarter worth $29,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the first quarter valued at about $132,000. SOL Capital Management CO increased its stake in shares of iShares MSCI Emerging Markets Asia ETF by 68.3% in the fourth 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 during the period. Nicholas Hoffman & Company LLC. raised its holdings in iShares MSCI Emerging Markets Asia ETF by 5.3% in 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 during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in iShares MSCI Emerging Markets Asia ETF during the 1st quarter worth approximately $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.