iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 71,000 shares, a growth of 9.6% from the October 15th total of 64,800 shares. Based on an average daily volume of 98,700 shares, the short-interest ratio is currently 0.7 days.

iShares Asia 50 ETF Stock Up 0.2 %

Shares of iShares Asia 50 ETF stock opened at $69.21 on Friday. iShares Asia 50 ETF has a twelve month low of $52.02 and a twelve month high of $77.44. The company has a market cap of $830.52 million, a price-to-earnings ratio of 12.57 and a beta of 0.71. The company’s 50 day moving average is $71.52 and its 200 day moving average is $68.24.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Activest Wealth Management bought a new stake in shares of iShares Asia 50 ETF in the third quarter worth $35,000. Patten Group Inc. bought a new stake in shares of iShares Asia 50 ETF during the 3rd quarter valued at about $203,000. Upper Left Wealth Management LLC increased its position in shares of iShares Asia 50 ETF by 5.3% during the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after purchasing an additional 292 shares during the last quarter. Walleye Capital LLC bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter worth approximately $393,000. Finally, Marshall Wace LLP lifted its stake in shares of iShares Asia 50 ETF by 68.1% in the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after purchasing an additional 2,860 shares during the period.

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.