iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Shares Shorted: Short Interest Up 345.2% in September

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 131,137 shares, an increase of 345.2% from the September 15th total of 29,457 shares. Based on an average daily volume of 159,199 shares, the short-interest ratio is currently 0.8 days. Approximately 1.7% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

An institutional investor recently bought a new position in iShares MSCI Emerging Markets Asia ETF stock. AdvisorShares Investments LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 166,252 shares of the company’s stock, valued at approximately $15,916,000. iShares MSCI Emerging Markets Asia ETF accounts for 2.9% of AdvisorShares Investments LLC’s portfolio, making the stock its 7th biggest holding. AdvisorShares Investments LLC owned 1.40% of iShares MSCI Emerging Markets Asia ETF as of its most recent SEC filing.

iShares MSCI Emerging Markets Asia ETF Stock Performance

NASDAQ:EEMA traded up $1.06 during trading hours on Friday, reaching $115.17. The company’s stock had a trading volume of 14,088 shares, compared to its average volume of 183,787. The company has a market capitalization of $863.77 million, a P/E ratio of 15.31 and a beta of 0.75. iShares MSCI Emerging Markets Asia ETF has a 12 month low of $89.13 and a 12 month high of $122.73. The stock has a 50 day moving average price of $116.37 and a two-hundred day moving average price of $112.54.

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.