iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Down 24.7% in October

by · The Cerbat Gem

iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 64,800 shares, a decrease of 24.7% from the September 30th total of 86,100 shares. Based on an average daily trading volume, of 137,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Upper Left Wealth Management LLC raised its position in iShares Asia 50 ETF by 5.3% in the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after purchasing an additional 292 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares Asia 50 ETF by 3.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock valued at $2,704,000 after purchasing an additional 1,615 shares during the last quarter. Patten Group Inc. purchased a new stake in iShares Asia 50 ETF in the 3rd quarter valued at $203,000. Marshall Wace LLP raised its position in iShares Asia 50 ETF by 68.1% in the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after purchasing an additional 2,860 shares during the last quarter. Finally, Avalon Capital Management purchased a new stake in iShares Asia 50 ETF in the 2nd quarter valued at $2,030,000.

iShares Asia 50 ETF Trading Up 0.7 %

NASDAQ:AIA traded up $0.51 during trading hours on Friday, reaching $73.21. 39,377 shares of the company were exchanged, compared to its average volume of 81,403. The stock’s 50-day moving average is $70.01 and its 200-day moving average is $67.07. The firm has a market cap of $1.42 billion, a PE ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a twelve month low of $52.02 and a twelve month high of $77.44.

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.

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