iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Shares Shorted: Short Interest Down 50.8% in October

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 64,540 shares, a drop of 50.8% from the September 30th total of 131,137 shares. Based on an average daily volume of 105,622 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the company’s stock are sold short.

iShares MSCI Emerging Markets Asia ETF Stock Performance

Shares of iShares MSCI Emerging Markets Asia ETF stock traded down $2.88 during trading hours on Friday, reaching $105.72. The company’s stock had a trading volume of 45,652 shares, compared to its average volume of 180,403. iShares MSCI Emerging Markets Asia ETF has a one year low of $89.63 and a one year high of $122.73. The company has a market capitalization of $782.33 million, a P/E ratio of 15.31 and a beta of 0.75. The stock’s fifty day simple moving average is $114.56 and its two-hundred day simple moving average is $109.64.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

An institutional investor recently bought a new stake in iShares MSCI Emerging Markets Asia ETF stock. WestEnd Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,775 shares of the company’s stock, valued at approximately $1,249,000. WestEnd Advisors LLC owned about 0.15% of iShares MSCI Emerging Markets Asia ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares MSCI Emerging Markets Asia ETF Company Profile

(Get Free Report)

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.

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