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

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 24,200 shares, a drop of 35.5% from the November 30th total of 37,500 shares. Based on an average daily trading volume, of 81,000 shares, the short-interest ratio is presently 0.3 days.

iShares Asia 50 ETF Stock Performance

NASDAQ AIA opened at $68.80 on Friday. iShares Asia 50 ETF has a 52-week low of $52.02 and a 52-week high of $77.44. The company has a fifty day moving average of $70.64 and a 200-day moving average of $69.06. The company has a market capitalization of $825.60 million, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.5096 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares Asia 50 ETF

Several institutional investors have recently added to or reduced their stakes in the business. MML Investors Services LLC increased its stake in shares of 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 worth $1,488,000 after buying an additional 760 shares during the period. Insigneo Advisory Services LLC grew its holdings in iShares Asia 50 ETF by 23.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock worth $635,000 after acquiring an additional 1,685 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares Asia 50 ETF by 31.4% in the third quarter. Jane Street Group LLC now owns 218,160 shares of the company’s stock valued at $15,769,000 after acquiring an additional 52,169 shares during the period. Flow Traders U.S. LLC raised its stake in shares of iShares Asia 50 ETF by 89.8% during the third quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock valued at $8,256,000 after acquiring an additional 54,055 shares during the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of iShares Asia 50 ETF during the third quarter worth about $393,000.

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.