iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 40,323 shares, a growth of 219.7% from the June 30th total of 12,612 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 460,809 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On iShares Asia 50 ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its position in shares of 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 purchasing an additional 265 shares during the period. Kestra Advisory Services LLC purchased a new stake in iShares Asia 50 ETF in the 4th quarter worth $52,000. CrossGen Wealth LLC bought a new stake in iShares Asia 50 ETF during the first quarter valued at about $56,000. Fifth Third Bancorp purchased a new position in shares of iShares Asia 50 ETF in the first quarter valued at about $61,000. Finally, Assetmark Inc. bought a new position in shares of iShares Asia 50 ETF in the fourth quarter worth about $74,000.
iShares Asia 50 ETF Stock Performance
Shares of iShares Asia 50 ETF stock opened at $130.94 on Tuesday. The stock has a market cap of $4.51 billion, a P/E ratio of 13.81 and a beta of 0.86. The stock’s fifty day moving average is $138.59 and its 200 day moving average is $122.59. iShares Asia 50 ETF has a one year low of $81.52 and a one year high of $150.83.
iShares Asia 50 ETF Announces Dividend
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.
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