iShares Asia 50 ETF (NASDAQ:AIA) Short Interest Update

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant decrease in short interest during 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. Based on an average daily volume of 503,616 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ AIA traded up $2.02 during trading hours on Friday, reaching $141.43. 68,299 shares of the stock were exchanged, compared to its average volume of 498,387. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 13.81 and a beta of 0.89. The stock’s fifty day simple moving average is $136.65 and its 200 day simple moving average is $129.30. iShares Asia 50 ETF has a 52 week low of $90.70 and a 52 week high of $150.83.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its position 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 valued at $27,000 after acquiring an additional 265 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of iShares Asia 50 ETF in the fourth quarter valued at about $52,000. CrossGen Wealth LLC bought a new position in iShares Asia 50 ETF during the first quarter worth about $56,000. C M Bidwell & Associates Ltd. bought a new position in iShares Asia 50 ETF during the second quarter worth about $60,000. Finally, Fifth Third Bancorp acquired a new stake in iShares Asia 50 ETF in the 1st quarter worth about $61,000.

About iShares Asia 50 ETF

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.