Short Interest in iShares Asia 50 ETF (NASDAQ:AIA) Declines By 94.0%

iShares Asia 50 ETF (NASDAQ:AIA) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 12,612 shares, a decrease of 94.0% from the June 15th total of 210,902 shares. Based on an average trading volume of 526,216 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares Asia 50 ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC raised its stake 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 last quarter. CrossGen Wealth LLC purchased a new position in shares of iShares Asia 50 ETF during the first quarter valued at approximately $56,000. Kestra Advisory Services LLC bought a new stake in iShares Asia 50 ETF during the fourth quarter worth $52,000. Fifth Third Bancorp bought a new stake in iShares Asia 50 ETF during the first quarter worth $61,000. Finally, Optiver Holding B.V. bought a new stake in iShares Asia 50 ETF during the first quarter worth $74,000.

iShares Asia 50 ETF Price Performance

Shares of NASDAQ AIA traded down $0.08 during mid-day trading on Friday, hitting $138.82. 720,076 shares of the stock traded hands, compared to its average volume of 523,150. The company has a market cap of $5.04 billion, a PE ratio of 13.81 and a beta of 0.86. iShares Asia 50 ETF has a twelve month low of $80.92 and a twelve month high of $150.83. The firm has a 50 day simple moving average of $138.62 and a two-hundred day simple moving average of $119.71.

iShares Asia 50 ETF Announces Dividend

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