Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Drops By 35.5%

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 24,200 shares, a decline of 35.5% from the November 30th total of 37,500 shares. Based on an average daily volume of 81,000 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares Asia 50 ETF

Hedge funds have recently made changes to their positions in the business. Activest Wealth Management acquired a new position in shares of iShares Asia 50 ETF in the 3rd quarter worth $35,000. Patten Group Inc. purchased a new position in iShares Asia 50 ETF in the 3rd quarter worth about $203,000. Walleye Capital LLC acquired a new stake in iShares Asia 50 ETF during the 3rd quarter worth about $393,000. Marshall Wace LLP lifted its stake in iShares Asia 50 ETF by 68.1% during the second quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after buying an additional 2,860 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its holdings in shares of iShares Asia 50 ETF by 23.7% in the third quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock worth $635,000 after buying an additional 1,685 shares during the period.

iShares Asia 50 ETF Price Performance

Shares of iShares Asia 50 ETF stock traded down $0.24 during trading on Friday, hitting $68.80. The stock had a trading volume of 14,379 shares, compared to its average volume of 74,796. The business has a fifty day moving average of $70.64 and a two-hundred day moving average of $69.09. iShares Asia 50 ETF has a fifty-two week low of $52.02 and a fifty-two week high of $77.44. The firm has a market cap of $825.60 million, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.5096 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Asia 50 ETF

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.