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

iShares Asia 50 ETF (NASDAQ:AIA) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 198,697 shares, an increase of 101.1% from the August 31st total of 98,807 shares. Based on an average daily trading volume, of 320,673 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the shares of the stock are short sold.

iShares Asia 50 ETF Stock Up 0.4%

Shares of NASDAQ AIA opened at $144.07 on Wednesday. The firm’s 50-day simple moving average is $138.19 and its 200 day simple moving average is $131.87. The company has a market cap of $4.98 billion, a price-to-earnings ratio of 13.81 and a beta of 0.89. iShares Asia 50 ETF has a 12-month low of $90.70 and a 12-month high of $150.83.

Institutional Trading of iShares Asia 50 ETF

Hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in iShares Asia 50 ETF in the 2nd quarter worth approximately $654,000. Aurora Private Wealth Inc. bought a new position in iShares Asia 50 ETF in the 1st quarter valued at $584,000. TD Waterhouse Canada Inc. increased its stake in shares of iShares Asia 50 ETF by 58,737.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 77,077 shares of the company’s stock valued at $10,518,000 after buying an additional 76,946 shares during the period. Elite Wealth Management Inc. bought a new stake in shares of iShares Asia 50 ETF during the first quarter worth $4,169,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of iShares Asia 50 ETF during the first quarter valued at $752,000.

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.