iShares Asia 50 ETF (NASDAQ:AIA) Sees Significant Decrease in Short Interest

iShares Asia 50 ETF (NASDAQ:AIA) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 47,600 shares, a drop of 51.2% from the February 28th total of 97,500 shares. Based on an average trading volume of 52,400 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Asia 50 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. West Oak Capital LLC boosted its stake in shares of iShares Asia 50 ETF by 1,433.3% during the 4th quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock worth $312,000 after buying an additional 4,300 shares during the last quarter. Jane Street Group LLC raised its holdings in 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 acquiring an additional 52,169 shares in the last quarter. Aviso Financial Inc. boosted its position in iShares Asia 50 ETF by 97.3% during the fourth quarter. Aviso Financial Inc. now owns 1,385 shares of the company’s stock valued at $94,000 after purchasing an additional 683 shares during the last quarter. MML Investors Services LLC grew its stake in iShares Asia 50 ETF by 3.8% in the third quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock valued at $1,488,000 after purchasing an additional 760 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of iShares Asia 50 ETF during the 3rd quarter worth approximately $393,000.

iShares Asia 50 ETF Stock Down 2.8 %

NASDAQ AIA opened at $72.50 on Friday. iShares Asia 50 ETF has a 12-month low of $58.02 and a 12-month high of $77.87. The firm’s 50 day moving average is $73.31 and its 200-day moving average is $71.41. The company has a market capitalization of $761.25 million, a PE ratio of 14.68 and a beta of 0.71.

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.