Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Decreases By 92.1%

iShares Asia 50 ETF (NASDAQ:AIA) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 63,652 shares, a drop of 92.1% from the January 29th total of 803,425 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 259,793 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 259,793 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Asia 50 ETF Trading Down 0.9%

NASDAQ:AIA opened at $117.86 on Friday. The company has a market capitalization of $2.42 billion, a P/E ratio of 13.81 and a beta of 0.70. iShares Asia 50 ETF has a 12 month low of $59.91 and a 12 month high of $119.70. The business’s 50-day moving average is $106.66 and its 200 day moving average is $97.94.

iShares Asia 50 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.6251 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 352.0%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in iShares Asia 50 ETF in the fourth quarter worth $5,482,000. Creative Planning bought a new position in iShares Asia 50 ETF during the third quarter valued at $5,217,000. Stratos Wealth Partners LTD. purchased a new position in shares of iShares Asia 50 ETF in the 3rd quarter worth $4,518,000. Bank of America Corp DE increased its holdings in shares of iShares Asia 50 ETF by 274.1% in the 3rd quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock worth $4,708,000 after buying an additional 36,462 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares Asia 50 ETF by 36.8% in the 4th quarter. LPL Financial LLC now owns 93,569 shares of the company’s stock worth $9,124,000 after buying an additional 25,177 shares during the last quarter.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.