Short Interest in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Decreases By 97.8%

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 97.8% from the May 31st total of 4,600 shares. Based on an average daily volume of 40,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. SOL Capital Management CO raised its position 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 acquiring an additional 2,435 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the fourth quarter worth $29,000. Madison Asset Management LLC lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 182.2% in the 4th quarter. Madison Asset Management LLC now owns 248,432 shares of the company’s stock worth $16,424,000 after buying an additional 160,407 shares during the last quarter. Nicholas Hoffman & Company LLC. boosted its holdings in shares of 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 period. Finally, BNP Paribas Financial Markets bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 1st quarter valued at about $602,000.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.1 %

Shares of EEMA opened at $72.48 on Friday. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $60.36 and a 52-week high of $73.64. The firm has a market cap of $434.88 million, a price-to-earnings ratio of 13.33 and a beta of 0.69. The business’s 50 day moving average is $71.35 and its two-hundred day moving average is $67.74.

iShares MSCI Emerging Markets Asia ETF Cuts Dividend

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

About iShares MSCI Emerging Markets Asia ETF

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.