iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Significant Increase in Short Interest

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 19,700 shares, a growth of 19,600.0% from the January 31st total of 100 shares. Based on an average daily volume of 61,800 shares, the short-interest ratio is currently 0.3 days.

iShares MSCI Emerging Markets Asia ETF Stock Performance

EEMA traded down $0.77 on Thursday, hitting $75.18. 14,003 shares of the company were exchanged, compared to its average volume of 73,657. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $65.64 and a fifty-two week high of $82.13. The firm has a market capitalization of $473.64 million, a P/E ratio of 13.33 and a beta of 0.69. The business’s fifty day moving average is $72.92 and its 200 day moving average is $74.38.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.0001 dividend. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EEMA. Madison Investment Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the fourth quarter worth $31,560,000. Bank of New York Mellon Corp lifted its position in iShares MSCI Emerging Markets Asia ETF by 2.6% during the fourth quarter. Bank of New York Mellon Corp now owns 84,746 shares of the company’s stock worth $6,072,000 after buying an additional 2,181 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares MSCI Emerging Markets Asia ETF by 41.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock worth $232,000 after buying an additional 867 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at about $209,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the third quarter worth approximately $9,425,000.

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.