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

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 37,500 shares, a drop of 38.5% from the November 15th total of 61,000 shares. Based on an average daily volume of 86,200 shares, the short-interest ratio is currently 0.4 days.

iShares Asia 50 ETF Price Performance

NASDAQ AIA opened at $71.00 on Friday. The company has a market cap of $852 million, a P/E ratio of 12.57 and a beta of 0.71. The stock has a 50-day moving average of $71.80 and a two-hundred day moving average of $68.80. iShares Asia 50 ETF has a 1-year low of $52.02 and a 1-year high of $77.44.

Institutional Trading of iShares Asia 50 ETF

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC increased its stake in shares of iShares Asia 50 ETF by 31.4% during the third quarter. Jane Street Group LLC now owns 218,160 shares of the company’s stock worth $15,769,000 after buying an additional 52,169 shares during the period. Flow Traders U.S. LLC increased its position in shares of iShares Asia 50 ETF by 89.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock valued at $8,256,000 after purchasing an additional 54,055 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of iShares Asia 50 ETF in the 3rd quarter valued at $3,417,000. Bank of Montreal Can lifted its position in shares of iShares Asia 50 ETF by 1,142.7% during the 2nd quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock worth $3,206,000 after purchasing an additional 43,364 shares during the last quarter. Finally, Avalon Capital Management purchased a new stake in shares of iShares Asia 50 ETF during the 2nd quarter worth $2,030,000.

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.