iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 90.4% in August

by · The Markets Daily

iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 98,807 shares, a decrease of 90.4% from the August 15th total of 1,034,165 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 503,616 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares Asia 50 ETF

A number of institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC grew its holdings in shares of iShares Asia 50 ETF by 2,650.0% in the fourth quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after purchasing an additional 265 shares during the last quarter. CrossGen Wealth LLC purchased a new stake in iShares Asia 50 ETF during the 1st quarter valued at $56,000. Kestra Advisory Services LLC purchased a new stake in iShares Asia 50 ETF during the 4th quarter valued at $52,000. Fifth Third Bancorp bought a new stake in iShares Asia 50 ETF in the 1st quarter worth $61,000. Finally, Optiver Holding B.V. bought a new stake in iShares Asia 50 ETF in the 1st quarter worth $74,000.

iShares Asia 50 ETF Stock Performance

AIA traded down $3.46 on Thursday, hitting $139.41. 93,390 shares of the company were exchanged, compared to its average volume of 500,874. The firm has a fifty day simple moving average of $136.51 and a two-hundred day simple moving average of $129.21. iShares Asia 50 ETF has a 12 month low of $90.05 and a 12 month high of $150.83. The stock has a market capitalization of $4.88 billion, a PE ratio of 13.81 and a beta of 0.89.

About iShares Asia 50 ETF

(Get Free Report)

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.

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