iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Up 2,518.4% in July

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,055,824 shares, a growth of 2,518.4% from the July 15th total of 40,323 shares. Based on an average trading volume of 526,343 shares, the days-to-cover ratio is presently 2.0 days. Currently, 3.0% of the company’s stock are short sold.

Institutional Trading of iShares Asia 50 ETF

Institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC raised its holdings in iShares Asia 50 ETF by 2,650.0% in the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after buying an additional 265 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $52,000. CrossGen Wealth LLC bought a new stake in shares of iShares Asia 50 ETF during the first quarter valued at approximately $56,000. Fifth Third Bancorp bought a new stake in shares of iShares Asia 50 ETF during the first quarter valued at approximately $61,000. Finally, Assetmark Inc. bought a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $74,000.

iShares Asia 50 ETF Stock Up 1.0%

Shares of NASDAQ AIA traded up $1.33 during trading on Tuesday, reaching $135.90. The company had a trading volume of 147,456 shares, compared to its average volume of 506,493. iShares Asia 50 ETF has a 12-month low of $83.48 and a 12-month high of $150.83. The stock has a market cap of $4.76 billion, a PE ratio of 13.81 and a beta of 0.88. The business’s 50-day moving average is $137.25 and its 200 day moving average is $124.79.

iShares Asia 50 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.5145 dividend. The ex-dividend date was Monday, June 15th.

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