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

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant 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 volume of 33,400 shares, the short-interest ratio is presently 0.1 days.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.6 %

NASDAQ:EEMA opened at $73.20 on Wednesday. iShares MSCI Emerging Markets Asia ETF has a 1 year low of $60.36 and a 1 year high of $73.64. The firm has a 50 day moving average of $70.44 and a 200-day moving average of $67.32. The stock has a market capitalization of $439.20 million, a P/E ratio of 13.33 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Cuts Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.2475 dividend. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Madison Asset Management LLC raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 182.2% in the fourth quarter. Madison Asset Management LLC now owns 248,432 shares of the company’s stock valued at $16,424,000 after acquiring an additional 160,407 shares during the last quarter. Nicholas Hoffman & Company LLC. raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 5.3% in the first quarter. Nicholas Hoffman & Company LLC. now owns 70,103 shares of the company’s stock valued at $4,775,000 after acquiring an additional 3,558 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the first quarter valued at approximately $602,000. SOL Capital Management CO raised 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 acquiring an additional 2,435 shares during the last quarter. Finally, Richardson Financial Services Inc. acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the first quarter valued at approximately $132,000.

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.