iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 71,400 shares, a drop of 33.0% from the November 15th total of 106,600 shares. Based on an average trading volume of 55,900 shares, the short-interest ratio is currently 1.3 days.

iShares MSCI Emerging Markets Asia ETF Stock Performance

EEMA traded up $0.11 during mid-day trading on Friday, reaching $75.04. 92,636 shares of the stock were exchanged, compared to its average volume of 45,863. iShares MSCI Emerging Markets Asia ETF has a 1 year low of $61.02 and a 1 year high of $82.13. The company has a 50 day moving average price of $76.13 and a two-hundred day moving average price of $74.17. The stock has a market capitalization of $472.75 million, a PE ratio of 13.33 and a beta of 0.69.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EEMA. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the third quarter worth about $209,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth approximately $9,425,000. BNP Paribas Financial Markets bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth approximately $674,000. Cahill Financial Advisors Inc. purchased a new position in iShares MSCI Emerging Markets Asia ETF in the second quarter valued at approximately $204,000. Finally, Nicholas Hoffman & Company LLC. grew its holdings in iShares MSCI Emerging Markets Asia ETF by 4.4% during the second quarter. Nicholas Hoffman & Company LLC. now owns 73,156 shares of the company’s stock valued at $5,302,000 after purchasing an additional 3,053 shares during the period.

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.