Short Interest in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Increases By 100.2%

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 164,678 shares, an increase of 100.2% from the December 15th total of 82,265 shares. Based on an average trading volume of 53,749 shares, the days-to-cover ratio is currently 3.1 days. Approximately 1.0% of the shares of the stock are short sold. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 53,749 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Hedge funds have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its stake in shares of iShares MSCI Emerging Markets Asia ETF by 27.5% in the third quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock worth $72,000 after purchasing an additional 162 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter worth $143,000. Transcend Capital Advisors LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF in the second quarter valued at $3,113,000. Finally, JPMorgan Chase & Co. raised its position in iShares MSCI Emerging Markets Asia ETF by 5,529.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock worth $3,430,000 after purchasing an additional 40,810 shares during the last quarter.

iShares MSCI Emerging Markets Asia ETF Trading Down 0.5%

EEMA traded down $0.54 on Friday, reaching $99.02. The stock had a trading volume of 41,196 shares, compared to its average volume of 53,827. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 15.31 and a beta of 0.60. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $63.50 and a fifty-two week high of $99.96. The firm has a 50-day moving average of $94.20 and a 200-day moving average of $90.57.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.2044 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 266.0%.

iShares MSCI Emerging Markets Asia ETF Company Profile

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.