iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 286,900 shares, an increase of 66.4% from the August 31st total of 172,400 shares. Based on an average trading volume of 59,600 shares, the days-to-cover ratio is currently 4.8 days. Based on an average trading volume of 59,600 shares, the days-to-cover ratio is currently 4.8 days.

iShares MSCI Emerging Markets Asia ETF Stock Performance

Shares of iShares MSCI Emerging Markets Asia ETF stock opened at $93.57 on Monday. The stock has a market capitalization of $1.56 billion, a P/E ratio of 15.31 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $63.50 and a 52-week high of $93.88. The stock’s 50-day simple moving average is $87.61 and its 200 day simple moving average is $81.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Madison Asset Management LLC boosted its holdings in iShares MSCI Emerging Markets Asia ETF by 5.5% in the 1st quarter. Madison Asset Management LLC now owns 464,630 shares of the company’s stock worth $34,415,000 after buying an additional 24,157 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the first quarter worth $4,564,000. Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter worth $139,179,000. WestEnd Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter worth $153,151,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at $143,000.

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.