iShares Asia 50 ETF (NASDAQ:AIA) Sees Significant Drop in Short Interest

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

Hedge Funds Weigh In On iShares Asia 50 ETF

A number of institutional investors have recently added to or reduced their stakes in AIA. Apollon Wealth Management LLC purchased a new position in shares of iShares Asia 50 ETF during the fourth quarter worth about $772,000. UBS Group AG lifted its position in iShares Asia 50 ETF by 10.6% during the fourth quarter. UBS Group AG now owns 41,896 shares of the company’s stock valued at $4,085,000 after purchasing an additional 4,003 shares during the last quarter. Aurora Private Wealth Inc. bought a new stake in iShares Asia 50 ETF during the first quarter valued at approximately $584,000. Arlington Capital Management Inc. purchased a new position in iShares Asia 50 ETF in the 4th quarter worth approximately $2,035,000. Finally, SB Capital Management Inc purchased a new position in iShares Asia 50 ETF in the 4th quarter worth approximately $1,177,000.

iShares Asia 50 ETF Trading Down 0.1%

Shares of iShares Asia 50 ETF stock traded down $0.08 during trading on Friday, hitting $138.82. The stock had a trading volume of 720,076 shares, compared to its average volume of 523,150. iShares Asia 50 ETF has a 12 month low of $80.92 and a 12 month high of $150.83. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 13.81 and a beta of 0.86. The business’s 50-day moving average is $138.62 and its 200 day moving average is $119.71.

iShares Asia 50 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.5145 per share. The ex-dividend date was Monday, June 15th.

iShares Asia 50 ETF Company Profile

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.