iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Up 20.2% in August

iShares Asia 50 ETF (NASDAQ:AIA) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 39,900 shares, a growth of 20.2% from the August 15th total of 33,200 shares. Based on an average daily trading volume, of 110,300 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of iShares Asia 50 ETF

Several institutional investors have recently made changes to their positions in AIA. StoneX Group Inc. bought a new stake in iShares Asia 50 ETF in the 1st quarter valued at $4,177,000. City Holding Co. lifted its position in shares of iShares Asia 50 ETF by 13.3% in the first quarter. City Holding Co. now owns 3,415 shares of the company’s stock worth $207,000 after buying an additional 400 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Asia 50 ETF by 3.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock valued at $2,704,000 after buying an additional 1,615 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Asia 50 ETF during the 1st quarter valued at approximately $6,847,000. Finally, Advisory Services Network LLC bought a new stake in iShares Asia 50 ETF in the 4th quarter worth approximately $200,000.

iShares Asia 50 ETF Stock Performance

Shares of AIA stock opened at $65.98 on Tuesday. The stock has a fifty day simple moving average of $66.45 and a two-hundred day simple moving average of $64.60. iShares Asia 50 ETF has a 52-week low of $52.02 and a 52-week high of $71.95. The firm has a market capitalization of $1.52 billion, a PE ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Company Profile

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.