iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 71,000 shares, a growth of 9.6% from the October 15th total of 64,800 shares. Based on an average daily volume of 98,700 shares, the days-to-cover ratio is presently 0.7 days.

iShares Asia 50 ETF Price Performance

Shares of NASDAQ:AIA opened at $69.21 on Monday. The firm has a fifty day moving average price of $71.52 and a two-hundred day moving average price of $68.29. The company has a market cap of $830.52 million, a price-to-earnings ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a one year low of $52.02 and a one year high of $77.44.

Institutional Investors Weigh In On iShares Asia 50 ETF

Several large investors have recently added to or reduced their stakes in AIA. Upper Left Wealth Management LLC raised its holdings in shares of iShares Asia 50 ETF by 5.3% in the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after acquiring an additional 292 shares in the last quarter. Activest Wealth Management purchased a new stake in iShares Asia 50 ETF in the third quarter valued at approximately $35,000. MML Investors Services LLC lifted its position in iShares Asia 50 ETF by 3.8% during the third quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock valued at $1,488,000 after purchasing an additional 760 shares during the last quarter. Insigneo Advisory Services LLC grew its stake in iShares Asia 50 ETF by 23.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock worth $635,000 after buying an additional 1,685 shares in the last quarter. Finally, Patten Group Inc. bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter worth $203,000.

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.