iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Short Interest Update

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decline of 95.5% from the August 15th total of 2,200 shares. Based on an average daily trading volume, of 48,000 shares, the short-interest ratio is currently 0.0 days.

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of NASDAQ:EEMA traded up $0.61 during mid-day trading on Thursday, reaching $72.05. 9,560 shares of the company traded hands, compared to its average volume of 41,069. The company’s 50 day moving average price is $72.51 and its 200-day moving average price is $70.76. The firm has a market cap of $403.48 million, a PE ratio of 13.33 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a 52 week low of $60.36 and a 52 week high of $76.00.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

Large investors have recently added to or reduced their stakes in the company. Madison Asset Management LLC raised its position in shares of iShares MSCI Emerging Markets Asia ETF by 182.2% during the 4th quarter. Madison Asset Management LLC now owns 248,432 shares of the company’s stock valued at $16,424,000 after purchasing an additional 160,407 shares during the period. Nicholas Hoffman & Company LLC. increased its stake in iShares MSCI Emerging Markets Asia ETF by 4.4% in the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 73,156 shares of the company’s stock worth $5,302,000 after buying an additional 3,053 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in iShares MSCI Emerging Markets Asia ETF during the first quarter valued at about $602,000. Cahill Financial Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at about $204,000. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the first quarter worth about $132,000.

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.