iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report) saw a large increase in short interest during the month of 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 trading volume, of 159,199 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.7% of the shares of the company are sold short.
iShares MSCI Emerging Markets Asia ETF Price Performance
Shares of NASDAQ EEMA traded down $1.12 during mid-day trading on Monday, reaching $114.05. 73,665 shares of the company traded hands, compared to its average volume of 183,248. The stock has a fifty day simple moving average of $116.37 and a 200-day simple moving average of $112.65. iShares MSCI Emerging Markets Asia ETF has a fifty-two week low of $89.63 and a fifty-two week high of $122.73. The firm has a market cap of $855.38 million, a PE ratio of 15.31 and a beta of 0.75.
Institutional Trading of iShares MSCI Emerging Markets Asia ETF
A hedge fund recently bought a new stake in iShares MSCI Emerging Markets Asia ETF stock. AdvisorShares Investments LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 166,252 shares of the company’s stock, valued at approximately $15,916,000. iShares MSCI Emerging Markets Asia ETF makes up approximately 2.9% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 7th largest holding. AdvisorShares Investments LLC owned about 1.40% of iShares MSCI Emerging Markets Asia ETF as of its most recent filing with the SEC.
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.
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